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Tuesday, June 01, 2010 (22:09:22) |
| Tags : United Progressive Alliance, Manmohan Singh, Report to the People |
Economic highlights of UPA's second tenure |
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| New Delhi, June 1: The following are the economic highlights of the United Progressive Alliance (UPA) government's second tenure under Prime Minister Manmohan Singh, as spelt out in the 68-page "Report to the People" released here today:
- Clear signs of recovery, upturn in growth rate
- Foreign investment inflows robust
- New draft unveiled to replace 60-year-old income tax act
- India now third largest steel producer
- Record capacity created for electricity generation
- New thrust to spruce road and highway infrastructure
- Prices have shown moderating trend in recent weeks
- Economic growth of 7.4 percent in 2009-10 one of the best in the world
- Current fiscal economic growth pegged at 8.5 percent
- Food security bill draft will be soon out in public domain
- Will increase outlay on schemes benefitting people from scheduled caste, and other vulnerable classes
- Working on a low carbon growth strategy (IANS) |
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