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New gas price a success if it brings in investments: Ex-FM

In a free-wheeling interview, former Finance Minister P Chidambaram highlights that the new gas price will be deemed an accomplishment only if it ushers in newer investors.

New gas price a success if it brings in investments: Ex-FM

While the sentiment surrounding the Indian economy has revived considerably, the economic circumstances being faced by the former government in power-UPA – were very different says former Finance Minister P Chidambaram.

In an interview to CNBC-TV18’s Shereen Bhan, Chidambaram said all the headlines that the Modi government is making today is on the work that was earlier laid out by the UPA.

“The Modi government has the advantage of a successor government, but it doesn’t mean that they should run down the successes of its predecessors,” says Chidambaram .

In a free-wheeling interview, Chidambaram also highlights that the new gas price will be deemed an accomplishment only if it ushers in newer investors.

Transcript to follow soon.

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