Need to reverse mood of negativity,"The current slowdown is a matter of concern but it should be seen as a short-term phenomen Prime Minister-22/10/11

Need to reverse mood of negativity, says Prime Minister

NDTV Correspondent, Updated: October 22, 2011 11:00 IST




New Delhi: At a meeting of chief ministers, the Prime Minister said this morning, "It is our collective responsibility to reverse the mood of negativity."

He was addressing the National Development Council which includes the chief ministers of all states and is responsible to ensuring balanced development in different parts of the country.

"The current slowdown is a matter of concern but it should be seen as a short-term phenomenon," said Dr Manmohan Singh.

He said the government must have special programmes to increase the earning capacity of poor and vulnerable sections.