Budget Highlights

CA.Tarun Maheshwari (CA, DISA) (7150 Points)

16 February 2009  

60.12 lakh houses built under Indira Awaas Yojna

   Highest priority to rural development
   Per Capita income grew by 7.4% in UPA regimen
   Agri revival package implemented in 25 states
   Employment generation schemes to be expanded
   Economic growth has to be sustainable and inclusive
   Manufacturing and agriculture sector are the growth drivers
   FRPM targets being relaxed
   Export growth for the first 9 months of the current year down to 17.1%
   Export growth slowed down to 17.1% for the last 9 months
   Export growth at 26.4% annually in the last 4 years
   Government has approved 37 new infrastructure projects
   Serious chocking of credit due to global downturn
   Export growth at 26.4% annually in the last 4 years
   India second fastest growing economy at 7.1% growth
   Agriculture annual growth rate 3.7%
   Savings rate up to 30.7% in 2008
   Farmers real heroes of our success story
   Investment rate has grown to 39%
   Fiscal deficit down by 2.7%
   Focus to maintain growth rate of 7-8%