New Delhi, Nov 14: Following are the highlights of Mid Year Review released today --
  • GDP to grow over 7.0 per cent.


  • Agriculture growth pegged at 8.0 per cent.


  • Foodgrain production to be 220 million tonne.


  • Industry to grow by 6.0 per cent.


  • Annual inflation rate to be around 4.0 per cent.


  • Food subsidies at Rs 27,800 crore unsustainable.


  • Export growth slow.


  • Review of limits on FDI.


  • Structural reforms required in labour laws.


  • Interest rate on small saving schemes needs a relook.


  • Early introduction of VAT required.


    • Bureau Report