Key
Objectives 7. Drawing on the National
Agenda for Governance and policy statements of the Prime
Minister, I believe the key objectives of this budget
should be to:
Strengthen the
foundations of the Indian economy to deal effectively
with an inherently uncertain external environment.
Reverse the
decline in agriculture and strengthen the rural economy.
Restore the
momentum of industrial growth, especially of small scale
enterprises, and revive the capital market.
Accelerate the
development of infrastructure.
By these and
other means, rapidly expand productive job opportunities.
Give special
impetus to social sector development.
Calibrate the
pace and character of integration with the world economy,
while strengthening Indias international economic
position through revival of exports and reduced reliance
on borrowed funds.
Ensure
macro-economic stability and control over inflation.
Raise the rate
of domestic savings to achieve higher national investment
and thus lay the basis for faster medium-term growth.
Supplement this effort through foreign investment.
Free the
productive energies of our people from unnecessary
bureaucratic hurdles and undertake reforms to raise the
productivity of our land, labour and capital.
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