Budget 2007-08 – Running Commentary

$12.5 Billion FDI last year.

Electricity Generation is still a concern. 2 more ULPP’s to be awarded by July.

Work on Golden Quadrilateral work nearly complete.

Viability gap funding for 30+ projects under public-private partnerships. Pace is too slow.

26 integrated textile parks approved, funding increased.

SME sector credit from banks to be based on credit rating.

Foreign trade is growing at twice the rate of the GDP.


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