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Budget must ensure non-inflationary growth - Survey
28 Feb '08
2 min read
FICCI believes that giving a boost to the farm sector will be of critical importance not only for maintaining growth of GDP but also for price stability.
The chamber has always emphasized the critical need for developing infrastructure, which has also been highlighted by the Economic Survey.
In this context, FICCI particularly appreciates the Survey proposal to allow private sector entry into coal mining.
The rising rupee that has affected India's export growth also needs to be tackled urgently without any measures for capital control.
FICCI welcomes the Survey emphasis on education and health for inclusive growth and hopes that the Union Budget will allocate adequate funds for giving a fillip to these sectors.
The chamber has always emphasized the critical need for developing infrastructure, which has also been highlighted by the Economic Survey.
In this context, FICCI particularly appreciates the Survey proposal to allow private sector entry into coal mining.
The rising rupee that has affected India's export growth also needs to be tackled urgently without any measures for capital control.
FICCI welcomes the Survey emphasis on education and health for inclusive growth and hopes that the Union Budget will allocate adequate funds for giving a fillip to these sectors.
Federation of Indian Chambers of Commerce and Industry
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