UPA-II Celebrates 3 Years in Office: Sonia Says UPA Can Win in 2014

NEW DELHI: Celebrating its eighth year, the UPA government on Tuesday sought to smash the perception of policy paralysis by saying that India is the world's second fastest growing economy even as Prime Minister Manmohan Singh admitted that there are "uncertainties" and more needed to be done.

 Releasing 'The Report to the People' here along with UPA chairperson Sonia Gandhi, Singh acknowledged that there is "frustration" among people over corruption and said the government was working sincerely to address it through legislative and administrative measures.

 He highlighted the initiatives and achievements in various fields including economy, agriculture, education, poverty eradication, healthcare, power generation, internal security and foreign policy.

 Singh said that despite an adverse international environment, the Indian economy grew at about 7 per cent in 2011-12, which is amongst the highest in the world.

 "Sustained high rates of growth during the UPA government's tenure have enabled us to pursue our agenda of inclusive and equitable growth," he said.

 "Despite these real achievements, there are uncertainties and a large unfinished agenda before us," he said.

 Turning to economic situation, Singh said difficult decisions have to be taken on both spending and revenue mobilisation as he underlined the need for both the Centre and states have to be "fiscally responsible".

 However, when asked later to specify the tough decisions, Singh told reporters, "let us wait. Sometimes somethings will be obvious".

 On the perception of policy paralysis, he said, "this can be corrected by reality. Misconceived perceptions can be corrected."