Rediff Logo
Money
Line
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding
                 Women
Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel
Line
Home > Money > Budget 2001 > Reuters > Report
February 23, 2001
Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      



 
Reuters
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

Highlights of India's Economic Survey

ECONOMIC SURVEY

The government tabled the Economic Survey for 2000-2001 in Parliament on Friday.

Following are highlights of the survey:

  • Indian economy at difficult stage, growth problems likely in 2001-02 (April-March).
  • Gross domestic product growth in 2000-01 (April-March) seen at 6.0 per cent versus 6.4 per cent in 1999-2000.
  • Gaps in reforms process cloud long-term economic growth prospects.
  • Reforms needed in bankruptcy and labour laws to boost industrial growth.
  • The government favours market linked small savings rate.
  • Current Account Deficit in 2000-01 seen at 1.5-1.7 per cent compared to 0.9 per cent in 1999-2000.
  • The government favours bringing in more services under the tax net.
  • Farm, allied sectors growth in 2000-01 seen at 0.9 per cent compared with 0.7 per cent.
  • Foodgrains output seen sharply down at 199 million tonnes compared with record 208.9 million tones.
  • Oilseeds output in 2000-01 seen sharply down at 18.6 million tones.
  • The government favours total decontrol of the sugar sector.

Economic Survey 2000-2001
Budget 2001
Money

EXTERNAL LINK:
Read the Economic Survey

Back to top
(c) Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Tell us what you think of this report