Business Standard

Highlights of Congress manifesto

Indian National Congress today released its manifesto for 2014 Lok Sabha polls

Aditi Phadnis New Delhi
* Expanding the rights-based program – to offer the right to housing and the right to healthcare

* Committed to higher support prices for farmers

* Infrastructure and growth

* Independent regulator for natural resources

* 100% electricity access in urban areas and 94% in rural areas

* Restore real GDP growth to above 8% within the next three years

* Set up the National Investment Facilitation Panel headed by the Prime Minister

* Invest USD 1trn in the infrastructure sector over the next decade

* Achieve 10% growth in the manufacturing sector

* Job creation and growth

* To unveil a new job creation agenda
 
* To create consensus on private sector job reservation

* Fiscal and tax policies

* Aim to reduce the fiscal deficit to 3% of GDP by FY17

* Implement Goods and Services Tax (GST) and Direct Tax Code (DTC) within one year

* Give subsidies only where absolutely necessary

* Abolish all export taxes

* Ensure risk of retroactive taxes is avoided. Ensure foreign companies pay tax where profits earned

* Price stability and financial sector reforms

* RBI must balance price stability and growth concerns

* Immediately implement all the recommendations of the Financial Sector Legislative Reforms Committee (FSLRC)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 26 2014 | 4:42 PM IST

Explore News