- The Economic Survey to review the economic performance in the current financial year and forecast the economy prospects for the coming year.
- Indian economy to grow by 9 per cent in next fiscal year.
- Gross fiscal deficit decreases to 4.8% of GDP.
- Inflation estimated to be higher by 1.5%.
- India on way to become fastest growing economy in the world.
- Calls for new 'Green Revolution' for agricultural sector with higher investment and introduction of latest technologies.
- Government working on regulations to emphasize on capital market.
- Increase influx of foreign capital by building close association with G-20 countries.
- National Forest Land Bank to improvise the infrastructure projects.
- Estimated economic growth at 8.75-9.25 per cent for fiscal year 2012.
- Estimated agriculture sector growth at 5.4 per cent during this fiscal year.
- Growth of Industrial output by 8.6% where, manufacturing sector registers 9.1%.
- The export stats; 29.5% in 2010 April-December and Import; 19%.
- Trade Gap minimizes to $82.01 billion.
- Raised both saving and investment rate to 33.7% & 36.5% of GDP.
- Estimated food grains production at 232.10 million tonnes.
- Fores reserves to reach $297.30 billion.
- Importance given to telecom sector.
- Policies supporting accounting, legal, tourism, education, financial and other services.
- Taxation of goods and services to be revised.
- Introduction of Financial Schemes to monitor unemployment.
- Reformation necessary in the current education system by inviting more private participation.
Showing posts with label inflation estimate. Show all posts
Showing posts with label inflation estimate. Show all posts
Wednesday, 7 September 2011
Indian Economic Survey 2010-2011
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