THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, September 19, 2000

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Macro Economy

Economy
Big drop in public investment could mar growth aspirations
TWO recent reports aptly bring out the contrast between India's aspirations to move on to a higher growth path and the dismal ground realities hampering the growth process. In his address to the joint meeting of the US Congress, the Prime Minister, Mr At al Bihari Vajpayee, said that his Government would push the economic growth rate to nine per cent per annum in a bid to double Indian per capita income in 10 years.

Uruguay Round on reviewing reforms process -- `Agriculture can't be left to markets alone'
IN the ongoing mandated review of the Uruguay Round Agreement on Agriculture (AoA) for continuing the reform process, India has categorically said that in countries where agriculture is the mainstay, ``it would not be possible to accept that the agricult ure sector could be treated in the same manner as other sectors in the WTO''.

Foreign Trade
Commerce Ministry upbeat on exports sustaining momentum
THE Commerce Ministry is upbeat about export growth maintaining its momentum throughout the rest of the current fiscal as there are ``positive expectations''.


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