Rediff On The Net: The Business section: Budget 99


	BUDGET 1999 ANALYSES COLUMNISTS INTERVIEWS ECONOMY INDUSTRY FINANCE ECO SURVEY RLY BUDGET PROCESS BUDGET 98-99 BUDGET 97-98 ARCHIVES

ECONOMIC SURVEY 1998-99

Economic survey calls for ceiling on deficit
The Economic Survey 1998-99 says with only a year left before the start of the 21st century, it is the appropriate time to start preparing for the second generation of economic reforms.

Hints of capital market revival abound
The noteworthy feature of the current year was mobilisation of resources through private placement by infrastructure projects, specially in the power sector.

'A foodgrain saved is a foodgrain produced'
The survey estimates foodgrain production in the current year around 195.2 million tonnes, higher than the previous year level of 192.4 million tonnes.

Rupee value seen as key to price-competitive exports
The Indian rupee depreciated by around 7.1 per cent from the March 1998 level till January 31, 1999. However, the RBI foreign currency assets rose from $ 26 billion to $ 27.4 billion.

Markets react to signals from Economic Survey

Rupee loses 13 paise on hints of change in exchange rate

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