We will object if the economy is being looted. The question is what type of reforms. If the reforms are pro-people, we are pro-reform. If the reforms are anti-people, we are anti-reform.

No prime agricultural land will be provided for setting up industries. As the demand (of Salim Group) is 5,000 acres some small plots of agricultural land could come in that. The farmers, whose land is acquired would be properly compensated.

It cannot be held tomorrow due to the Rail Budget, or on February 27 because of presentation of Economic Survey and the next day due to the General Budget. President Bush would arrive here on Tuesday.

The process was put in place only after a Constitutional amendment that we all supported. It had to begin after a law came in force. There should be no issues about it.

The economy is definitely making a transition. I think 1998 will be viewed as the year of soft landing when the economy went from a nearly 4 percent growth rate in the prior year, to just over 2 percent this year.

He's likely to make more bullish comments on the economy and deflation. That will put upward pressure on short-term interest rates, which is yen positive.