"In the second five years of UPA, yes, there is, I can sense, I can see that the voter is at the moment negative. I can see that. I am blind if I don't see that. The reason is slowdown in economic growth, dysfunction of the executive, the cases of allegations of corruption, investigations that are going on, inflation and a slowdown in job creation.
"I think it is a potent and powerful mix, a potent mix of factors which has brought in a high degree of negativity. It is possible we may get over it.
"It is possible we don't get over it. It is a verdict we have to leave to the people. We have to accept whatever the verdict people will give," he said at the "Thinkfest" event in Bambolim near here.
Even in this slowdown in the last nine years, the country has clocked an average of 7.5 per cent growth.
"It is sad that at the end of the 10-year term, the growth has seen slowdown for a couple of years after having been high in the middle years and low in the last two years.
I am doing my best. I will continue to do my best to see that there is an upturn before we go to polls," he said.
Chidambaram was replying to a question whether at the end of the second UPA term in the context of global pressures, CAG reports and high optimism in which the coalition was voted to power in 2009, there was today a lack of credibility for the government and that the prime minister was singularly lacking in leadership.
He shot back saying that he cannot remain in government and comment on the prime minister.
"That is not correct, that is not appropriate. I won't do it. He is the prime minister. I am a minister in his Cabinet. I have to accept his leadership and respect him. I am sorry, I cannot answer this question."