The Prime Minister says, creating economic growth and employment will remain the focus of government policies in months ahead. Giving away the Economic Times Awards in Mumbai on Saturday Dr. Manmohan Singh said there is need to correct the weaknesses and create new job opportunities. Admitting that there is more needs to be done, he said the Government bit the bullet and did what it felt was the right thing to do. The Prime Minister also said that decisions on taxation issues and GAAR are likely within the next few weeks.

Defending Government's decision on allowing FDI in retail, he said some people are trying to make FDI into a bogey, even invoking fears of East India Company. He said there has been some ill informed information about the FDI. He said huge investment in infrastructure is critical for growth. The 12th plan has a target of a trillion dollar investment. He expressed the hope that the GDP growth may be around 6 percent this year.

Earlier, the Prime Minister visited Asian Heart Institute in Mumbai and inaugurated some of its new facilities to commemorate the 10th anniversary of the medical center.