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This section contains information on the Union Budget 2011-12 and Railway Budget 2011-12.
The Union Budget for 2011-12 was announced by Mr Pranab Mukherjee, the Union Finance Minister in the Parliament on February 28, 2011. It gives an overall picture of how the Indian economy has been performing.
Some key highlights of the Union budget 2011-12 are as follows:
- Gross Domestic Product (GDP) estimated to have grown at 8.6 per cent in 2010-11 in real terms. Economy has shown remarkable resilience
- Indian economy expected to grow at 9 per cent with an outside band of +/- 0.25 per cent in 2011-12
- Exports have grown by 29.4 per cent, while imports have recorded a growth of 17.6 per cent during April to January 2010-11 over the corresponding period last year
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