This is what the Economic Survey 2010-11 says!

Image: A farmer works inside a sugarcane field at Moynaguri village.

Finance Minister Pranab Mukherjee presented the Economic Survey for 2010-11 in the Lok Sabha.

Highlights of Economic Survey 2010-11:

Economy expected to grow at 8.6% in 2010-11 and 9 per cent in next fiscal

Growth broad based with rebound in Agriculture, continued momentum in manufacturing and private services

Fundamentals strong with Savings & Investments up, exports rising rapidly and inflation falling

. . .

Image: Industrial output grows.

Agriculture likely to grow at 5.4% in 2010-11;

Industrial output grows by 8.6% ; manufacturing sector registers 9.1%

Exports in April-December 2010 up by 29.5 %

. . .

Image: Trade gap falls.

Imports in April - December 2010 up by 19%

Trade gap narrowed to US $ 82.01 bn in April-December 2010

59% rise in Net Bank Credit

Social programme spending stepped up by 5 percentage points of GDP over past 5 years

. . .

Image: Food grains production to rise.

9.7% growth of GDP at market prices

Inflation expected to be 1.5 per cent higher than what it would be if we were not on growth turnpike

Production of food grains estimated at 232.1 mn tonnes

Forex Reserves estimated at US$ 297.3 bn

Gross Fiscal Deficit stands at 4.8% of GDP down from 6.3% last year.