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55 pc growth in FDI, 14 pc rise in income: Govt to showcase

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:44 AM IST

To mark the occasion, Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will release a 'Report to the People' which will contain sectorwise initiatives taken over the last one year.

The report is expected to highlight that the country witnessed 14 per cent increase in per capita income while FDI grew by 55 per cent (March to March) despite global slowdown.

It is expected to underline that 86 lakh tonnes were added to stocks of wheat and rice and 17 million tonnes of new storage capacity created, sources said.

In this context, the government is likely to note that agriculture credit, mainly for small farmers, was increased, costing the exchequer Rs one lakh crore.

For social service sector, more than Rs 31,000 crore was infused, the report is likely to state.

It is also expected to note that there was an average annual decline in food inflation.

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To press home the point that the perception of policy paralysis was incorrect, the government is also likely to highlight that 20,500 MW of power generation was added last year, which was more than ever.

The country earned extra revenue of 2.3 billion dollars from tourism sector and 10 crore new telephone connections were added in one year, the government is expected to state.

Catering to the new media, the report will be released on Twitter, Facebook and Youtube.

Following the release of the report, the Prime Minister will host a dinner for leaders and MPs of all UPA constituents.

  

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First Published: May 21 2012 | 10:05 PM IST

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