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India On Media |
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| Budget
News |
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| President opens Budget session |
| The budget session of Parliament began on Friday with President APJ Abdul Kalam addressing both Houses of Parliament
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| INDIA
, 23-February-2007
9:42:48 AM |
| Expressing condolence over the Samjhauta train blasts tragedy in his opening remarks, President Kalam spoke about the government's attempts to control cross-border terrorism.
The President also cautioned against letting the terror attack affect diplomatic ties.
President Kalam also touched upon the concerns over rising inflation during his address.
He said that the government would take all steps to keep inflation under check while ensuring job-oriented 9 per cent growth during 11th plan period.
"In recent months, the rate of inflation has shown an upward trend. My government will continue to take all necessary steps to ensure that the poor are not adversely affected by inflation. This is our solemn commitment," President Kalam said.
Equitable distribution
He also added that economic growth was not an end in itself and that the government would strive to distribute incomes more equitably across social groups and regions.
The government would make all efforts to "liberate the poorest of the poor from the scourge of poverty, ignorance and disease," Kalam said.
Referring to the recent controversies over land acquisition for industrial development, the President said that the government was committed to bring in a new rehabilitation policy to be backed by the required amendments in the Land Acquisition Act.
Farmer suicides
Lauding six per cent growth in the agrarian sector in 2005-06, Kalam stressed the need for sustaining the trend but expressed concern over farmers committing suicides in various parts of the country.
"A special package amounting to more than Rs 16,000 crore is being implemented in 31 districts worst affected by farmers suicides."
"An expert group is looking into the problems of agricultural indebtedness and will suggest measures to provide relief to farmers in distress," he said.
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