Economic Survey 1995-96

Highlights

• Economy Performed better than reported in the Survey in Feb.'96.
• Ove rall economic growth for 1995-96 now put at 7.0% against the earlier
  estimate of 6.2 %.
• Industrial growth surges to around 12% in 1995-96
• Inflation down to 4.4% compared to 10.4% a year ago
• Forex assets increase to US$ 17.7 billion compared to US$ 17 billion in March'96
• Imports and Exports depreciate during April May 1996-97
• FII inflows exceed US$ 1 billion during April-June 1996.
• Fiscal correction,enhancing infrastructure facilities and poverty alleviation via provision
  of employment identified as the three priority areas.
  

For a more detailed survey , visit this page on July 25.