India to attack 'protectionist policies': Pranab

As the problem of job losses in the domestic economy continues to grow, Prime Minister Manmohan Singh will again take up the issue of “protectionist policies” by advanced countries during his G-20 tour. The Union government feels that these policies will add to the massive job losses in the country, especially in labour intensive sectors engaged in exports.

In an informal interaction with journalists at the Congress headquarters today, Union Finance Minister Pranab Mukherjee said, “We are concerned about the job losses. Particularly in some sectors, the job losses are very high. Some advanced countries have resorted to protectionist policies. We are again going to speak against this (policy) in the G-20 summit in April.”