THE HINDU BUSINESS LINE
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from THE HINDU group of publications

Saturday, February 24, 2001

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Features

Economy
Economic Survey 2000-2001 - Part I
The following are excerpts from the Economic Survey 2000-2001 tabled in Parliament on February 23:

Economic Survey 2000-2001 -- Part II
1.93The previous decade can be described as the decade of reforms for the Indian economy. While the early years of the decade witnessed the first phase of structural reforms in industrial, financial and external sectors, the final years saw the beginning of the second phase of economic restructuring. The decade of reform was successful in eliciting supply responses as evidenced in the higher growth of GDP, comfortable foreign exchange reserves, improving short term debt profile, moderate inflation and b uoyant exports.

Major economic reforms in 2000-01
* Strong thrust to knowledge-based industry by reducing customs duty on several items of IT, telecom and knowledge-based industries.


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