Business Standard

Economic Survey Highlights

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Press Trust of India New Delhi
 3. Agri and allied sector to grow at meagre 1.1%

 4. Inflation pegged at 6.4%

 5. Forex reserve at $128.91 billion

 6. Exports growth at 25.6%

 7. Exports value stands at Rs 2,74,313 crore

 8. Negative growth in foodgrain production at 2.8%

 9. Imports growth at 32.1%

 10. Total imports value stand at Rs 3,76,815 crore

 11. Industrial growth soars at 8.4%

 12. Asean, China, Japan and Korea account for 19.9% trade. EU (19%) and North America (12.9%) at 2nd and 3rd spot.

 13. External debt goes down to 17.8% of GDP

 14. Liquidity management a concern, overhang at Rs 81,000 cr

 15. Food credit grows by 15.2%

 16. India heading to equitable local/STD rates

 17. Higher securities investment reflect strong outlook

 18. Advocates duty cuts to Asean level

 19. BSNL, MTNL market share take a dip

 20. FDI policy needs review

 21. Non-food credit pegged at 20.1%

 22. Deposit rates of five major banks up by 25 basis points

 23. Housing loan rates go up

 24. Prime lending rates lower by 25 to 50 basis points

 25. Agriculture credit up by 30%

 26. Gross bank credit marches ahead by 19.9%

 27. Fiscal deficit at 4.4% of GDP

 28. Revenue deficit brought down to 2.5% of GDP

 29. States swap high cost Rs 92,444 cr loans with centre

 30. Overall public issues grew five times to Rs 35,859 crore

 31. Tele density grows at 6.6%

 32. Advocates limited govt role in infrastructure

 33. Gross domestic saving grew by 28.1%

 34. Gross domestic investment shots by 26.3%

 35. Auto and auto components sales grew by 20%

 36. Electronics and IT jumped at 18.2%

 37. Steel leaped ahead by 4%

 38. Cement production higher by 6.81%

 39. Core industries registered lower average of 5.4%

 40. Railways traffic moved forward at 7.7%

 41. Cargo handled at sea ports posted 11.1% growth

 42. Cargo handled at airports zoomed 18.3%

 43. Air passenger traffic up at 21.8%

 44. Human Development Index improved to 0.595

 45. National food for work programme launched in 150 distts

 46. National Rural Employment Guarantee Bill introduced

 47. Labour reforms needed for increasing exports

 48. Infrastructural, procedural bottlenecks growth hurdles

 

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First Published: Feb 25 2005 | 1:42 PM IST

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