Budget highlights

Highlights of 2010-11 budget presented by Finance Minister Pranab Mukherjee in parliament Friday:

– India has weathered global economic crisis well; Indian economy in far better position than it was a year ago. In 2009 Indian economy faced grave uncertainity; delay in southwest monsoon had undermined agricultural production.

– First challenge now is to quickly revert to 9 percent growth and then aim for double digit growth; need to make recovery more broadbased.

– Second challenge is to make growth more inclusive; have to strengthen food security.

– Third challenge is to overcome weakness in government’s public delivery mechanism; a long way to go in this.

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