Speaking at the annual Hindustan Times Leadership summit here, Mukherjee said, "By merely generating demand in the domestic economy and exploring markets for exports, it is not possible to have a sustainable recovery,"
Mukherjee said, "Recovery is halting, slow--whether it will be steady I cannot say right now. I still have to wait for the figures to come, adding, "Third quarter and four quarter--I am confident. We will reach the targets."
The Minister said he was trying to get political support for a host of economic legislation, such as a new companies act, labour reforms and opening up of the pension and insurance sectors.
"I will try and get the legislations passed as fast as possible. I don't know when - whether in the winter session or the next. I will try and get support from my coalition partners and as much as possible from outside the coalition," he added.