Inflation rate projected at 5% in current fiscal In medium-term, inflation likely to fall Interest rates may harden Savings rate up at 29.1% of GDP Investment rate up at 31% of GDP Industrial growth at 7.8% (April-December) Fiscal and revenue deficit targets to be met Tele-density increases to 11.32% Current account deficit surfaces after a gap of 3 years Trade deficit increases Bold policy reforms in oil sector required Policy required for speedy development of infrastructure Indian industry needs to be unburdened from high taxes Forex reserve down by $2 bn to $139.2 bn (till January 06)
