Other consultation papers include: the pace of socio-economic change under the Constitution, parliamentary reforms, article 356 of the Constitution , the institution of governor under the Constitution and remedies for misfeasance in public office.

Briefing newspersons after the review commission's sixth meeting, Justice Venkatachaliah said that the committee intends to finalise and release these papers soon for generating public debate and discussion.

Responding to queries, Justice Venkatachaliah said that the consultation paper on monetary and fiscal policy generally supports the fiscal responsibility bill now before Parliament. The paper has been prepared by experts, including Mr M Narasimham, former RBI governor, Mr SS Tarapore, former deputy governor of RBI, Mr YV Reddy, present deputy governor of RBI and Mr Abid Hussain.

"The basic thrust is that the government must follow fiscal discipline. You cannot borrow now and make your grandchildren pay for it later", Justice Venkatachaliah remarked. He said that the consultation paper goes beyond just the fiscal responsibility of the government.

Asked if the commission would recommend making the fiscal responsibility act justiceable, Justice Venkatachaliah said that this had to be discussed in detail before finalising the recommendations.

Replying to queries on the controversy over whether to give a fixed term to parliament and state legislatures as suggested by the Prime Minister, Justice Venkatachaliah declared, "There was no question of meddling with the basic features of the Constitution and parliamentary practices". He, however, made it clear that his remark had nothing to do with the Prime Minister's suggestion.

When reminded of the President's adverse reaction to the Prime Minister's proposal, Justice Venkatachaliah said: "The President of India is the defender, preserver and protector of the Constitution. His observations should have the highest respect. We have taken note of it."