Finance Minister Pranab Mukherjee tabled the Economic Survey 2009-10 and Report of the 13th Finance Commission in LokSabha  which takes stock of the economy and also the impact of stimulus on industry.

Following are the highlights of Economic Survey 2009-10 :

    • Economy likely to grow by up to 8.75 per cent in 2010-11
    • Full recovery; return to 9 per cent growth in 2011-12
    • Broad recovery gives scope for gradual stimulus roll back




    • High double-digit food inflation in 2009-10 major concern
    • Signs of food inflation spreading to other sectors
    • Farm & allied sector production falls 0.2% in 2009-10
    • Need serious policy initiatives for 4% agriculture growth
    • Moots direct food subsidy via food coupons to households
    • Favours making available food in open mkt
    • Favours monthly ration coupons usable anywhere for poor
    • Gross fiscal deficit pegged at 6.5 pc of GDP in 2009-10
    • India 10th largest gold holding nation at 557.7 tonnes
    • Exports in April-December 2009 down 20.3 per cent
    • Imports in April-December 2009 down 23.6 per cent
    • Trade gap narrowed to USD 76.24 bn in April-December.
    • 32.5% savings & 34.9% investment (of GDP in 2008-09) put India in league of world’s fastest growing nations.

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