The United Progressive Alliance (UPA) Coordination Committee that met in New Delhi today extended support to the government's recent economic decisions, terming them as necessary and unavoidable. Speaking to reporters after the Meeting held at the Prime Ministers residence at 7 Race course in New Delhi, Finance Minister P Chidambaram said, Prime minister Dr. Manmohan Singh has underlined the need for a number of measures to ensure there is no volatility of the Rupee and investments continue to flow into the country. AIR correspondent reports, the meeting also discussed on how to counter the negative opposition to the important decisions of the government. The UPA Coordination Committe took place in the back drop of opposition by the BJP, against the diesel price hike, FDI in retail and other measures of the government. The Congress working Commitee had already endorsed the decisions taken by the Prime Minister Dr. Manmohan Singh to improve the economic growth of the nation which would ensure more jobs and better living opportunities on a larger scale to the people of the country.
The Trinamool Congress, the second largest constituent of the UPA with 19 MPs, had withdrew support to the government protesting its decisions on FDI in multi-brand retail, diesel price hike and cap on subsidized domestic LPG cylinders.