Govt SHOULD take tough decisions: Montek
May 21, 2012  09:58
Dismissing the perception of policy paralysis surrounding the Union government, Planning Commission Deputy Chairman Montek Singh Ahluwalia has stated that the government should raise petroleum prices as part of tough decisions on reforms and to attract international investment.

He feels people must be educated on the importance of raising fuel prices so that the petroleum sector does not go bankrupt.

"I would certainly hope so. Certainly all the advice that we would be giving (to the government) is that India has tremendous opportunity to look good and to attract investment in a world which is very uncertain and we should not miss that opportunity," Ahluwalia said.

He was asked whether the government would be willing to take tough decisions to put its economy on the path of high growth.
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