We have to resolve the impasse in the coal and iron ore sector, says Chidambaram. "Despite ideological differences may exist in this house, but if we do not end the impasse, it will affect all sectors," he says.

He says his instinct is that of a reformer, and he knows that while he may be contradicted, he will continue to respect that right of other MPs. "We need reforms, not restrictions," he says.

On power projects, he says that for every power project, especially nuclear power projects, there are agitations saying locals don't want it. But that is not acceptable."

On public sector banks: We have to capitalise public-sector banks for which Rs 14,000 crore will be invested as capital.