Interim budget highlights
- Economy grew at 9% for 3rd straight year
- Per capita income grew 7.4% during UPA regime
- Farm growth at 3.7% in last 4 years
- Foreign trade at 35.5% of GDP during 2007-08
- Agriculture growth outlook for 2009 looks encouraging
- Growth rate of exports down to 17.1% in 9 months
- India second fastest growing economy in the world
- Outlook for 2009 encouraging if rainfall normal
- Record FDI of $32.4 billion in 2008-09
- Govt may consider additional fiscal measures in budget
- Need to accelerate pace of policy reforms
- Govt to expand employment generation schemes
- Planned allocation for agriculture up by 300% between 2004-09
- MSP for paddy increased to Rs 900 per quintal in 08-09
- Farmers' debt waiver of Rs 65300 crore till now
- Outlay for higher education rose 900% in 11th 5-year-plan
- State-run PSU profits up 72% to Rs 91,000 crore in 08-09
- 55 loss-making PSUs against 73 when UPA took over
- Have taken steps to deepen, widen securities market
- Revenue deficit seen at 4.4% vs 1% earlier
- Fiscal deficit at 6% of GDP vs 2.5% in the Budget Estimate
- Infrastructure spending to be 9% of GDP by 2014