This was said by Finance Minister of Punjab, Manpreet Singh Badal, while inaugurating a two-day national seminar on ‘Making Markets Happen’, being organised by the Punjabi University’s School of Management Studies on Friday. 

Speaking on the issue, Badal said that we are “living through the middle of a storm”, necessitating us to chalk out a programme for an early recovery from the economic recession. Quoting various social and political leaders, Badal said the spirit of discipline and nationhood, coupled with a sense of dignity needed to be rekindled for the overall progress of the country. 

While presiding over the seminar, Vice-Chancellor Jaspal Singh said that a new model based on the principle of “socialisation of benefits, giving out enough to meet the basic needs of all and barest minimum for the few greedy” needs to be devised. He advocated the cause of a ‘balanced economy’ rather than a mixed economy.