Economic survey: Economy to grow at 8.75% to 9.25% in FY12.
Allowing FDI in retail in phased manner will help farmers, consumers
Non-food manufacturing inflation remains sticky
Upside risk to inflation heightened due to sharp rise in global commodity prices
Current growth, inflation trends warrant persistent anti-inflationary monetary stance
Flow rate of capacity additions in infrastructure constricting industrial output growth
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Need to explore public private partnership and private investment to raise infrastructure investments
Inflation likely to moderate on fiscal, monetary steps
Rising purchase power giving spurt to rise in food items
Improve convergence of social and financial inclusion schemes
Need for efficient taxation of goods and services by GST
Meet resource gap in higher education through PPP
Exports up by 29.5% in April-December 2010
Policies needed to promote areas such as accounting, legal, tourism
Focus on aam aadmi and higher funds for flagship programmes; implementation key to realising the desired outcomes
Some volatility in securities markets with broad stability in financial markets
Capital flows easily absorbed without forex market intervention
Imports slowing, exports gathering pace and trade deficit set to narrow
With global economy on the upturn, it will support domestic growth momentum
Six core industries growing but not at full steam
Accelerated investment needed in infrastructure; growth laudable in telecom, services sectors
Indian ATF prices 60% higher than global prices
Limit foreign retailers to open few outlets in metros
PFRDA Bill must be passed to usher pension reforms
Promoters control should decline as a bank grows in business
Monsoons, crude oil pose risk to economic growth
Reconsider concessional import of items under FTAs
Subsidy reform key to fiscal consolidation
Savings-investment gap narrows but still wide
Indian Economy to grow at 8.75 -9.25% in FY12.
Savings and investment rates likely to be raised further
Probablity of second dip recession very low.
DTC proposed to be introduced in April 2012.
2 types of banking licenses may be considered.
Growth Broad based with Rebound in Agri
Industrial Output up at 8.6% in FY11
Rapid lowering of fiscal deficit needed.
FY11 Gross Fiscal deficit at 7.3%
Govt mulling ways to revive closed urea units
59% rise in net bank credit
Inflation may stay elevated owing to West Asia crisis
Government implementing gradual exit from stimulus
Rise in corp, service tax mop-up noteworthy
Plan to increase diesel prices in staggered manner
Agriculture likely to grow at 5.4% in 2010-11
Critical to anchor expenditure reforms to achieve targeted fiscal deficit level
India growth likely to revert to pre-crisil level in 2011
Inflation outlook to be shaped by food price situation
Need to review grain release, procurement policies
Govt mulling revamp of Madras Fertilisers
Liberalise FDI in services sector
Pickup in private consumption and investment driving rebound in demand
Give basic bank license to MFI s and NBFCs