Posts Tagged ‘budget 2009’

Highlights of Union Budget 2009

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Economic Survey
a) Indian Growth Rate was reduced to 6.7% in 2008-09 as against 9% in 07-08.
b) Agricultural growth rate was also reduced from 4.9% to 1.6%.
c) Deficit was increased from 2.7% to 6% resulting into price increase.
d) Effect of global recession still continues and revival may take six to nine months.
e) Delayed monsoon in [...]