Finance Minister Arun Jaitley has said the defeat in Bihar elections have no impact on the economic reforms process in the country.<br/><br/>He said the structural reforms will continue at a rapid pace. Mr jaitley said this in an interview to a private news channel in New Delhi.<br/><br/>Admitting that some irresponsible statements by certain BJP functionaries during the elections have change the narrative, Jaitley said the index of opposition unity was one of the biggest factors that led to the victory of the Mahagathbandhan in the Bihar assembly elections.<br/><br/>When asked the Bihar election was a referendum on the policies of the Centre, the Minister said the word is loosely used and every election is not a referendum.<br/><br/>He further said that the vote share of BJP has not come down and the victory of the Mahaghatbandhan was on account of different opposition forces coming together.