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Home  » Business » 2007 to be the year of broadband: Kalam

2007 to be the year of broadband: Kalam

Source: PTI
February 23, 2007 12:04 IST
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Following are the highlights relating to economy in President A P J Abdul Kalam's address to the joint sitting of Parliament:

  • Rate of inflation showing an upward trend in recent months
  • Government to take all necessary steps to ensure that the poor are not adversely affected by inflation
  • Economy to grow by close to nine per cent during current year 11th Five Year Plan target of 9 per cent annual growth feasible
  • Fiscal responsibility not an academic obsession
  • Growth to ensure equity and keep inflation under check
  • Additional employment generation a major focus area
  • Social safety net under NREGA to cover whole India in five years
  • Government committed to provide food security to poor; strengthen Public Distribution System
  • Government to step up investment in agriculture
  • New rehabilitation policy on anvil; amendments in Land Acquisition Act to follow.
  • Acquisition of agricultural land for industry and terms of compensation issues of major public concern
  • Urgent need for national consensus on energy pricing and policy
  • Emphasis on building world-class infrastructure; government to promote public-private partnership
  • Government succeeds in ensuring a turnaround of Indian Railways
  • Manufacturing sector to grow by about 11 per cent in 2006-07
  • FDI inflows exceed $10 billion; exceed FII inflows for the first time
  • 2007 to be the year of broadband
  • Negotiations to be launched on a broad basis in India EU trade and agreement
  • India welcomes resumption of negotiations in the WTO
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