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National News
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UPA II highlights its achievements on completing three years
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Posted online: Tuesday, May 22, 2012 at 10:34:38 PM
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New Delhi, May 22 : The Congress-led United Progressive Alliance (UPA) Government at the Centre, which completed its eighth year in power today, claimed that India is now second fastest growing large economy in the world with a GDP growth of 6.9 percent.
In releasing its list of achievements and accomplishments, the government also claimed that per capita income in the country is increasing constantly - 14 percent in last year and added that private consumption had risen to .8 percent as people have more money to spend.
Commenting on inflation, which has deeply hit the common man's pockets, the UPA-II said it had been brought under control this year from a high of 10 percent to the present 7.5 percent, and added that food inflation too had been arrested this year to eight percent on 52 week average from 17 percent last year.
The ruling alliance also informed that the Central Government had given grants to States and Union Territories to the tune of Rs 32,900 crores.
Among the other highlights mentioned were:
1. Allocation on Social Service Sector increased significantly by 31226 crores.. Opening up of 50 lakh new Anganwadi Centres where more than 97 million children benefit.
3. Issue of over 12 crore job cards under MNREGA, meaning that one in five houses are now covered by the scheme.
4. . Drop in unemployment on every parameter since UPA took charge.
5. Agriculture credit increased to more than 1 lakh crore rupees in one year. . A record amount of food-grain stock (544 lakh tons).. . Power generation capacity increased by 20502 MW in a year, thereby reaching new record levels.. . Nearly 8,000 km highway projects were awarded.0. . Foreign Direct Investment in infrastructure is stronger.0. 1. Total Foreign Direct Investment increased by over 55 percent in the last financial year.2. 1. Nearly 100 million new phone connections were allotted in fiscal 2011-122. More than 22.39 million people now have Internet and broadband connections.
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