<p>Highlights of the budget for 2011-12 presented by Finance Minister Pranab Mukherjee in Parliament on Monday:</p>.<p><br /> * Economy back to pre-crisis trajectory.</p>.<p><br /> * Set pace for double digit growth.</p>.<p><br /> * Total food inflation declined to less than 9 percent in January.</p>.<p><br /> * Growth at 8.75 percent to 9.25 percent in 2011-12.</p>.<p><br /> * Bills on insurance, pension funds, banking to be introduced.</p>.<p><br /> * Gap between wholesale and retail prices not acceptable.</p>.<p><br /> * Setting up independent debt management office; public debt management bill to be introduced in parliament.</p>.<p><br /> * Seek Lord Indra's blessings for good monsoon</p>.<p><br /> * Introduction of GST will improve compliance; bill in current session; setting up strong IT network for implementation.</p>.<p><br /> * Expenditure has to be oriented towards production of goods and services.</p>.<p><br /> * Government committed to retaining 51 percent stake in public sector enterprises.</p>.<p><br /> * FDI policy being liberalised.</p>.<p><br /> * Current account deficit at 2009-10 levels.</p>.<p><br /> * Corruption a problem we have to fight collectively.</p>.<p><br /> * Development needs to be more inclusive.</p>.<p><br /> * Stronger fiscal consolidation needed.</p>.<p><br /> * Setting tone for newer, vibrant economy.</p>.<p><br /> * Economy has shown remarkable resilience to external and internal shocks.</p>.<p><br /> * Economy back to pre-crisis trajectory.</p>
<p>Highlights of the budget for 2011-12 presented by Finance Minister Pranab Mukherjee in Parliament on Monday:</p>.<p><br /> * Economy back to pre-crisis trajectory.</p>.<p><br /> * Set pace for double digit growth.</p>.<p><br /> * Total food inflation declined to less than 9 percent in January.</p>.<p><br /> * Growth at 8.75 percent to 9.25 percent in 2011-12.</p>.<p><br /> * Bills on insurance, pension funds, banking to be introduced.</p>.<p><br /> * Gap between wholesale and retail prices not acceptable.</p>.<p><br /> * Setting up independent debt management office; public debt management bill to be introduced in parliament.</p>.<p><br /> * Seek Lord Indra's blessings for good monsoon</p>.<p><br /> * Introduction of GST will improve compliance; bill in current session; setting up strong IT network for implementation.</p>.<p><br /> * Expenditure has to be oriented towards production of goods and services.</p>.<p><br /> * Government committed to retaining 51 percent stake in public sector enterprises.</p>.<p><br /> * FDI policy being liberalised.</p>.<p><br /> * Current account deficit at 2009-10 levels.</p>.<p><br /> * Corruption a problem we have to fight collectively.</p>.<p><br /> * Development needs to be more inclusive.</p>.<p><br /> * Stronger fiscal consolidation needed.</p>.<p><br /> * Setting tone for newer, vibrant economy.</p>.<p><br /> * Economy has shown remarkable resilience to external and internal shocks.</p>.<p><br /> * Economy back to pre-crisis trajectory.</p>