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PM’s statement on the economic situation in the Rajya Sabha

“It cannot be denied that the country is faced with a difficult economic situation. And there are several causes. I do not deny that there are some domestic factors but there are also international factors arising out of the changes in the US monetary stance. There are also problems created by the new tensions that are on the horizon in Syria and they have inevitable consequences for oil prices. So we have to reckon with all those uncertainties. I will be very happy to make a statement tomorrow. I need some time to reflect on what I have to say, but I would be quite happy to make the statement tomorrow.”

Tags: IndiaLok SabhaManmohan SinghMiddle EastPrime MinisterRajya SabhaSyriaUnited States

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