Concerned over the slow down, Finance Minister Pranab Mukherjee has said that political parties should demonstrate that Parliament and other institutions function so that confidence will return 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.

Denying a perception that there is paralysis in decision making process, Mr Mukherjee 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.