This Article is From May 22, 2012

UPA 2 report card: Govt to showcase growth in FDI, income

UPA 2 report card: Govt to showcase growth in FDI, income
New Delhi: The UPA government is set to release its third anniversary report card today, rebuffing the opposition's criticism about policy paralysis by highlighting the successful initiatives in various sectors, particularly agriculture, power and social sector. To mark the occasion, Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will release a 'Report to the People' which will contain sectorwise initiatives taken over the last one year.

The report is expected to highlight that the country witnessed 14 percent increase in per capita income while Foreign Direct Investment (FDI) grew by 55 per cent (March to March) despite global slowdown.

Sources said, it is expected to underline that 86 lakh tonnes were added to stocks of wheat and rice and 17 million tonnes of new storage capacity created. In this context, the government is likely to note that agriculture credit, mainly for small farmers, was increased, costing the exchequer Rs one lakh crore. The report is also likely to state that for social service sector, more than Rs 31,000 crore was infused.

It is also expected to note that there was an average annual decline in food inflation. To press home the point that the perception of policy paralysis was incorrect, the government is also likely to highlight that 20,500 MW of power generation was added last year, which was more than ever.

The country earned extra revenue of 2.3 billion dollars from tourism sector and 10 crore new telephone connections were added in one year, the government is expected to state.
Catering to the new media, the report will be released on Twitter, Facebook and Youtube.

Following the release of the report, the Prime Minister will host a dinner for leaders and MPs of all UPA constituents.
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