Following are the highlights of the Mid-Year Review of 2007-08 tabled in Parliament.
- High growth sustained in first half of FY'08 at 9.1 pc
- Must manage capital flow without hurting growth, prices
- Must focus on agriculture and employment
- Inflation eases below 4 per cent after 68 weeks
- Percentage of 'Below Poverty Line' people declines to 22%
- 4.7 crore additional jobs created between 1999-2005.
- Holding to growth with macro-economic stability a challenge
- Improving competitiveness of industry, services a challenge
- Must focus on disadvantaged groups not touched by growth
- Consensus must for streamlining food, oil, fertilizer subsidy
- Cost of neutralising capital flow impact Rs 8,200cr in FY08
- Rupee rose 15.1 per cent against the dollar between Oct 2006-07.
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