The Union Finance Minister Mr. P. Chidambaram remains confident of bringing economy back on desired track. In his first interaction with the media after taking charge as Finance Minister Mr. Chidambaram said that he would do his best to put the economy back on track and make it stable in order to loosen the burden of the common man. He stated that "It is true that the economy is challenged by number of factors but it is also true that with sound policies, good governance and effective implementation, we would be able to overcome these challenges. Uppermost in my mind is the duty to regain the confidence of all stakeholders." He also added that it is necessary to take carefully calibrated risks in order to stimulate investment and to ease the burden on consumers, and that "we will take appropriate steps in this regard".
