New Delhi, June 1 (IANS) The following are the economic highlights of the United Progressive Alliance (UPA) government’s second tenure under Prime Minister Manmohan Singh, as spelt out in the 68-page ‘Report to the People’ released here Tuesday:
– Clear signs of recovery, upturn in growth rate
– Foreign investment inflows robust
– New draft unveiled to replace 60-year-old income tax act
– India now third largest steel producer
– Record capacity created for electricity generation
– New thrust to spruce road and highway infrastructure
– Prices have shown moderating trend in recent weeks
– Economic growth of 7.4 percent in 2009-10 one of the best in the world
– Current fiscal economic growth pegged at 8.5 percent
– Food security bill draft will be soon out in public domain
– Will increase outlay on schemes benefitting people from scheduled caste, and other vulnerable classes
– Working on a low carbon growth strategy
