Highlights of Economic Survey

By IANS

New Delhi : The highlights of the Economic Survey 2007-08 presented by Finance Minister P. Chidamabaram in the Lok Sabha Thursday:


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GDP projected to grow 8.7 percent in 2007-08

Inflation at 4.1 this fiscal, to be kept below 4.5 coming fiscal

Fiscal deficit to be kept below 3 percent in 2008-09

Fundamentals continue to inspire confidence

Investment climate full of optimism

Rupee appreciation a concern

100 percent foreign direct investment (FDI) in home appliances, rural agricultural banks

51 percent FDI in rural health

Concern: Labour force growing faster than employment growth

Challenge: Maintaining 9 percent GDP growth

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