New Delhi, Feb 25 (IANS) Following are the highlights of India’s Economic Survey for 2010-11 tabled by Finance Minister Pranab Mukherjee in the Lok Sabha:
* Economy predicted to grow by 8.6 percent in current fiscal, could grow by nine percent in the 2011-12
* Growth broadbased, agriculture production rebounds – likely to grow by 5.4 percent this fiscal
* Industrial output grows by 8.6 percent, manufacturing sector rises by 9.1 percent
* Net bank credit grows by 59 percent
* Inflation may remain high, factory output could fall
* Slow rate of capacity edition in physical infrastructure constricting industrial growth
* Capacity edition in core sectors and renewal of bottlenecks would spur industrial sector output in the medium to long term
* Fiscal deficit at 4.8 percent of gross domestic product, down from 6.3 percent last year
* In April-December period, exports grew 29.5 percent, imports rose by 19 percent
* Trade gaps narrowed to $82.01 billion in April-December period
