COMMON MINIMUM PROGRAMME OF THE UNITED PROGRESSIVE ALLIANCE



The UPA government will give the highest investment, credit and technological priority to the continued growth of agriculture, horticulture, aquaculture, floriculture, afforestation, dairying and agro-processing that will significantly add to the creation of new jobs. Along with vastly expanding credit facilities for small-scale industry and self-employment, the UPA government will ensure that the services industry will be given all support to fulfill its true growth and employment potential. This includes software and all IT-enabled services, trade, distribution, transport, telecommunications, finance and tourism.

The textile industry will be enabled to meet new challenges imposed by the abolition of quotas under the international multi-fibre agreement in January 2005. Given its special ecological importance world-wide and within the country, the jute industry will receive a fresh impetus in all respects.
Agriculture


  • The UPA government will ensure that public investment in agricultural research and extension, rural infrastructure and irrigation is stepped up in a significant manner at the very earliest. Irrigation will receive the highest investment priority and all on-going projects will be completed according to a strict time schedule. The rural cooperative credit system will be nursed back to health. The UPA government will ensure that the flow of rural credit is doubled in the next three years and that the coverage of small and marginal farmers by institutional lending is expanded substantially. The delivery system for rural credit will be reviewed. Immediate steps will be taken to ease the burden of debt and high interest rates on farm loans. Crop and livestock insurance schemes will be made more effective.

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