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Finance Minister Arun Jaitley called upon states to reform to attract investment, saying investors do not like policy paralysis.

"Prime Minister Narendra Modi has brought in a new political culture and changed the atmosphere. The policy paralysis is over," Shah said.

If a date for fresh assembly polls is declared soon, Delhi will be under a code of conduct for the third time in a year.

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As the economy recorded the slowest growth in 9 ys, Narendra Modi today attacked the Centre for an alleged state of "policy paralysis" .

Commerce and Industry Minister Anand Sharma today said government is very clear in its policy and approach and has been taking decisions.

The 7-7.5% growth in India was a matter of envy for the world, Mittal said drawing parallel to Brazil, another emerging economy.

BJP insisted political and economic correctives by the government would be required to come out of this crisis.

Finance Minister Pranab Mukherjee today said there is no policy paralysis and the central government has been taking tough decisions.

The UPA government, which has been widely pilloried for drifting on policy issues, is taking steps to restore the faith of businesses and c...

However, some analysts and economists are of the opinion that most of the reforms could be 'populist' in nature.

Leading foreign investors, rating agencies and research firms have raised the red flag over the notion about 'policy paralysis'.

"We are on the right path for reform, but we need to do much more, especially in capital markets to make it more participatory."