FM's SPEECH on UNION BUDGET 2001-2002

7. The broad strategy of the budget, therefore, with this objective of growth in mind is to ensure:

l Speeding up of agricultural sector reforms and better management of the food economy.

l Intensification of infrastructure investment, continued reform in the financial sector and capital markets, and deepening of structural reforms through removal of remaining tiresome controls constraining economic activity.

l Human development through better educational opportunities and programmes of social security.

l Stringent expenditure control of non-productive expenditure, rationalisation of subsidies and improvement in the quality of Government expenditure.

l Acceleration of the privatisation process and restructuring of public enterprises.

l Revenue enhancement through widening of the tax base and administration of a fair and equitable tax regime.

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