Next month's budget will be responsible: Chidambaram

Finance minister P Chidambaram today said general elections are 15 months away and the

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Budget to be presented next month will be "responsible".

Addressing global investors, on the fourth leg of his overseas roadshows that began last week, he said the government will implement many of the decisions and changes in the run-up to the polls.

Chidambaram said during the meeting the investors expressed reservations over political stability and capacity of the government to take reforms forward. They pointed out that elections are due in 2014 and "will be falter in the run-up to the elections".

"I assured them that the polls are 15 months away and that the Budget that will be presented in February will be a responsible Budget, that we will implement many of the decisions and changes in the run-up to the polls," he told reporters after the meeting.

Chidambaram said there is no reason for the investors to doubt that "in the run-up to the polls we will be anything but responsible".

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