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‘The crisis should not be an excuse to go into a protectionist cocoon’

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    • Tags : business, india Posted: Saturday , Nov 15, 2008 at 0047 hrs

    •Do we expect any serious outcomes given that the US has a lame-duck administration and India too is facing elections.

    FM: The resolution of this crisis will take us to a point of time well beyond January 20, 2009. Likewise, it will take us to a point of time well beyond May 22, 2009, so I don't think we are going to take a election constricted point of view. We have to take a medium- to long-term point of view, and I believe the US also will take that view. So I think Obama inputs will be there in whatever President Bush presents. So we will have to take a view that takes us beyond those election dates. That is the stance that I think India will adopt.

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