UPA is stable despite DMK pullout, says Chidambaram
New Delhi/Chennai: Finance Minister P Chidambaram said the UPA has taken note of the DMK decision to leave the alliance, but added that the Congress-led government is still stable and enjoyed a majority in the Lok Sabha.
"Let me assure everyone that the government is absolutely stable and enjoys a majority in the Lok Sabha", he said minutes after DMK Chief Karunanidhi announced that he would withdraw his party's support. "The DMK leader has said he will review his decision if we pass a resolution in the house. We have taken note of that also," Chidambaram said.
"We are considering the two core demands of the DMK. We are consulting other parties for a resolution in Parliament," he added. The DMK today pulled out of the UPA Government over the issue of alleged human rights violations of Sri Lankan Tamils. Addressing media in Chennai, Karunanidhi said: "DMK continuing to support the Central Government under these circumstances is impossible. Even if the LTTE is vanquished, our support for the fight of Tamil freedom and human rights is not over."
"We totally support the revolution in Sri Lanka and the rights of the Tamils, we have fought for their rights," he added.
RBI Chief Raghuram Rajan stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the Rupee's fall is yet to kick in.
Date 18 hrs ago, Duration 2:19, Views 16