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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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