Mukherjee said in Lok Sabha that unless the government "fails to discharge its duties enjoined by the Constitution of the law", the matter could not be discussed under the adjournment motion, which entails voting.
"All aspects of the issue will be debated with remedial measures. If opposition members have constructive measures (to suggest) I will welcome that," said Mukherjee.
He also had explained that decision makers had made some decisions like price hike not out of any "sadistic pleasure."
"There are certain compulsions. I had certain compulsions. Rates of crude oil in the international market have gone up. There has not been any failure of the government," claimed Finance minister.
"We will like to discuss the issue. I have no problem in having a discussion. The government welcomes that but this cannot be discussed under adjournment motion," he stressed.
However, speaker Meira Kumar had earlier allowed MPs to debate on whether the house should allow the adjournment notices that opposition members see as an instrument of censure against the government's policies.
But after lunch break, the speaker had rejected the adjournment motion application of the Oppositions, which ultimately had closed the voting option on the price rise issue.