The Prime Minister Dr. Manmohan Singh has said that the government is opened to a reasoned debate on all issues of Lokpal Bill. Delivering the Golden jubilee lecture of the Indian Institute of Management, Kolkata, Dr. Singh said that there are differences of views on the details of the Bill and the Parliamentary Standing Committee looking into the bill has the power to propose any amendment. The Prime Minister asserted that creation of a Lokpal alone will not solve the problem of corruption and it needs to be supported by improvements in the pace and quality of Judicial processes. He added speedy trials and timely judgements will do a greal deal to discourage corruption and dispel the notion that those who break the law can get away scot free.The Prime Minister expressed confidence that government will come up with systematic solutions to increase transparency in decision making. The Prime Minister said, he has asked the group of ministers to look into the issues of revamping existing government procedures to reduce discretion and to make the basis of decision making as transparent as possible. Dr. Singh said, governance failures in combating the challenge of corruption is at the forefront of the public concern and this needs to be addressed which has occupied centre stage in the perception of many concerned citizens. Dr. Singh said, a new legislation is on the anvil to strengthen the regulatory mechanism. He said that the funding of election is yet another area which also calls for reforms to reduce the scope for generation of black money. The Prime minister hopes that the country will be able to achieve nine per cent growth in next five years plan which needs inherent economic strength.