Economic Survey 2008-09: Main points
- 7-7.5% growth rate expected in 2009-10.
- Allow 49% FDI in insurance and defence.
- Decontrol petrol and diesel prices. Also end monopoly of government in railways, coal and nuclear energy.
- Introduce new Income Tax Code.
- Start afresh disinvestment programme to generate Rs. 25,000 crore annually.
- List all unlisted PSUs and sell a minimum of 10 per cent equity to public.
- Reform petroleum, fertiliser and food subsidies to reduce leakages and ensure targeting.
- Implement GST from April 1, 2010.
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