Economic Surveys

Home - Indian Economy - Economic Surveys

The Economic Survey 08-09 listed by P. Chidambaram cast light on the following aspects :

1. There has been a considerable rise in the economic growth from the average of 5% to 6% to a commendable 8.7% since 2003-04.
2. The rate of inflation had declined from 5.6% to 4.1% in 07-08.
3. Domestic investments as well as rate of savings are accelerated
4. The upward growth of the Government Revenues has heralded a bright future for investment.
5. Transport and Communication showed the fastest growth during the Xth 5 Year Plan.
6. Significant increase in the ratio of trade to GDP to 34.8% in 2006-07 from a mere 22.5% in 2000-01.
7. There is an urgency to expand and advance the social and physical infrastructure besides that of roads, ports and power.
8. A total of 16.42% of the Central Government expenditure (Planned and Non-Planned) is being spent on rural development that was just 10.97% in 2001-02.
9. Emphasis on the need for another green revolution especially in the rainfed areas.
10. There might be a raise of subsidies over the proposed budget estimate by Rs. 6550 crore.