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Highlights of Union Budget 2006

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TimePublished on Thu, Jan 31, 2008 at 13:20, Updated at Fri, Feb 01, 2008 in section

TagsTags: Union Budget, Highlights

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Budget 2007-08: Highlights

The Government is concerned about inflation but it is confident that it will not affect growth, said Chidambaram while presenting the Union Budget.

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    HIGHLIGHTS OF THE UNION BUDGET

  • Gross Capital formation up 30 pc in FY 05

  • Savings up 21.9 pc of GDP

  • Gross capital formation up 30 pc in FY 05

  • Agricultural growth up by 2.1 pc

  • AIM 10 pc economic growth

  • Non-food credit growing by 25 pc

  • Gross capital formation up 30 pc in FY 05

  • 90 pc golden quadrilateral completed by 90 pc in June 2006

  • GDP growth target for tenth plan at 8 pc

  • 11, 7000 spent on rural employment scheme

  • Govt determined to take growth rate to 10 per cent

  • Manufacturing sector to grow at 9.4 per cent in FY 06 07

  • Highway scheme progressing at 4.4 km per day

  • 96 per cent of GQ to end by June 2006

  • Food grain output this year at 209.5 mt

  • 8.7 lakh rural houses constructed by bharat nirman

  • Inflation at 4.02%

  • 5083MW more power to be added in 2006

  • 10,366 villages electrified this year

  • Rs 11,700 cr to be spent on rural employment

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