Wish List - Economic Survey - 2008-2009

Some of the Salient features of a wish list in the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament Thursday justifying the article and sectors
1) Raise foreign investment cap in insurance to 49 percent

2) Allow 100 percent foreign investment in health, weather insurance

3) Raise Rs.25,000 crore from divestment every year

4) Sell 5-10 percent in profitable non-Navratnas

5) List unlisted state-owned firms, divest at least 10 percent equity

6) Auction loss-making state-owned firms

7) Remove fringe benefit tax

8) Remove commodity and security transaction taxes

9) Provide fertiliser subsidy directly to farmerscovered in my previous article “Stocks to collect Pre Budget”