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Click for Budget 2007-08 Main Page


Indian Budget 2007-08- Full Text of Budget Speech

VIII. SERVICES SECTOR


Foreign Trade

83. Our merchandise exports crossed the milestone of US$100 billion in 2005-06 and are expected to cross another milestone of US$125 billion by the end of the current fiscal. Foreign trade is growing at a rate more than twice the growth rate of GDP. Government will continue to follow export friendly policies.

Tourism

84. I propose to increase the provision for building tourist infrastructure from Rs.423 crore in 2006-07 to Rs.520 crore in 2007-08.

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