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Economy poised to achieve 6.9 per cent growth
Inflation down to 5 per cent
Growth upswing despite hardening in global oil/steel prices/Tsunami
Agriculture and allied sector looking up despite deficient rainfall
Shortfall in Khariff to be offset by good Rabi crop
Buffer stock position comfortable/decline in food grains may not affect
Non-foodgrain agriculture to grow by over 1 per cent
Share of agriculture in GDP down by 3.5 per cent since 2001-02
Industrial production to be up by 8.4 per cent
Electricity generation to rise by 6.5 per cent
Exports to increase by 23.1 per cent/Imports by 32.1 per cent
Services sector records 8.9 per cent growth
Foreign Exchange Reserves to cross 130 billion dollars
Exports to double to 150 billion dollars in 2008-09
30 per cent increase in agriculture credit, flow to double in 3 years
Significant decline in non performing assets of Banks
Marginal increase in deposit rates/interest on housing loans firm up
Revenue deficit sought to be lowered to 2.5 per cent of GDP
Budget estimates in Central finances to improve in the last quarter
Consolidated fiscal deficit of Centre/States to fall by 7.9 % of GDP
IPO grew 5 times to Rs.35859 crore in 2004
Significant improvement in savings and investment observed
Improvement seen in poverty and employment ratio
Major programmes to achieve NCMP targets
Priority to agriculture, manufacturing and finance
Policy on Public-private participation in infrastructure soon
FDI to play pivotal role in the economy
Tapping Buoyancy in investments/exports to further economic growth
HB:MVVSM:VKS:PM:AN
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