Following are the highlights of Economic Survey 2010 ? 11:
? Economy expected to grow at 8.6% in 2010-11 and 9 per cent in next fiscal
? Growth broad based with rebound in Agriculture, continued momentum in
manufacturing and private services
? Fundamentals strong with Savings & Investments up, exports rising rapidly and inflation falling
? Agriculture likely to grow at 5.4% in 2010-11;
? Industrial output grows by 8.6% ; manufacturing sector registers 9.1%
? Exports in April-December 2010 up by 29.5 %
? Imports in April ? December 2010 up by 19%
? Trade gap narrowed to US $ 82.01 bn in April-December 2010
? 59% rise in Net Bank Credit
? Social programme spending stepped up by 5 percentage points of GDP over past 5 years
? 9.7% growth of GDP at market prices
? Inflation expected to be 1.5 per cent higher than what it would be if we were not on growth turnpike
? Production of foodgrains estimated at 232.1 mn tonnes
? Forex Reserves estimated at US$ 297.3 bn
? Gross Fiscal Deficit stands at 4.8% of GDP down from 6.3% last year.