New Delhi: Former finance minister P Chidambaram took a dig at Finance Minister Arun Jaitley over the issue of retrospective tax saying it was because of latter\'s insistence on amendment that he could not go ahead with his plans. At a book launch in the national capital, Chidambaram said, \"I felt let down when Arun Jaitley did not repeal the retrospective tax amendment of 2012 despite the clear majority in Parliament. I could not do it because we did not have the numbers.\" Jaitley replied saying that he had given clear assurance that there would be no retrospective amendment in future and no notices would be issued. He said the government could not do it because there was a pending dispute, an apparent reference to arbitration with Vodafone, and felt any amendment would be misconstrued by people as sacrificing government interest.
Referring to the Congress\'s defeat in elections, Chidambaram said after 10 years in power anti-incumbency stares in one\'s face and admitted that some mistakes were made. But, he added, the economy was a major factor and if the government had been able to turn it around, then the results could have been different. \"But still BJP would have been number one.\" The CAG report on 2G and other issues, Chidambaram said, \"clearly ..hurt the Congress party. I think 2G could have been handled differently in the sense that the Prime Minister could have put his foot down and said I am sorry, I will not let you go forward with the first come first serve (FCFS) route.
\"Or after licences had been granted and issue was brought up, he could have said cancel licences without waiting for the judgement. It hurt us. My personal view was once this came out as a scandal of bandwidth allotment, the government should have cancelled all the licences without waiting for the Supreme Court (judgement).\" On why the then government did not cancel the licences, Chidambaram said the decision was taken to wait for the court verdict. \"The decision was taken to wait for the Court verdict. These are the matters which do not come to the Cabinet. These are ideas which are discussed informally. \"I think the idea as suggested and considered.I always believed it was a pretty simple decision rather than suffer any judgement and then try to work out consequent.\"