New Delhi, Dec 03: The government on Tuesday said it was committed to disinvestment and had accorded high priority to foreign direct investment in the mid-year economic review which projects up to 5.5 per cent economic growth for the current fiscal.
The review, made for the first time by the government, was presented to Parliament by Finance Minister Jaswant Singh.
Unveiling a four-point agenda for furthering reforms, Singh said structural reforms would be given importance in the next budget along with steps to promote development of infrastructure which is key to high economic growth.
He, however, admitted that fiscal deficit was higher than the target set in the budget.

Amid the controversy over sell-off process, Finance Minister said "disinvestment will form integral part of reforms. FDI will be given high priority."
He said despite widespread drought, the economy was poised to maintain a healthy 5-5.5 per cent growth during 2002-03.

Bureau Report