Finance Minister P Chidambaram has suggested a 10-point formula to revive the country's economic situation. He sought co-operation from all quarters, despite ideological and political differences. Replying to a discussion on the country's economic situation in the Lok Sabha yesterday, Mr. Chidambaram said, the country needs more reforms, lesser restrictions and an open economy. He said the option before the government is to allow NRI investments, FDI inflows and go for External Commercial Borrowings. The Finance Minister expressed confidence that the fiscal deficit will be contained at 4.8 per cent in the current fiscal and the Government is doing everything to boost investment.Earlier, initiating the discussion, Gurudas Dasgupta of the CPI said, the country is passing through an economic crisis.