Concerned over the slow down, Finance Minister Pranab Mukherjee on Tuesday said, political parties should demonstrate that Parliament and other institutions function so that confidence returns in the economy.
In the backdrop of negative growth, revealed by the industrial production figures, he said the economy has the capacity and resilience to overcome the crisis.

Replying to a discussion in the Rajya Sabha on the Appropriation Bill, he said, the government will make

efforts to build broad consensus on reforms as the economy has resilience to overcome the problem.

Expressing disappointment over frequent disruptions in Parliament, the Finance Minister said that for the economy to recover, it has to be demonstrated that Parliament and other institutions can function without disturbance.

Denying a perception that there is paralysis in decision making process, the Finance Minister said, the government has taken a number of decisions which include national manufacturing policy, incentives to small industries and package to debt-ridden handloom weavers.

The Minister also said that the Congress party has limited mandate making it imperative that consensus building was required. He said questions have been raised whether the economy is going to be derailed in the wake of IIP figures turning negative and overall growth slowing.

The House later returned the Bill, granting Parliamentary approval for extra expenditure of 63,180 crore rupees for the current fiscal.