Finally, the standards of governance set by the government in last three years should be sustained and further steps are taken to minimize corruption and leakages in financial transactions. Merit remains the basis for recruitment and promotion in public service and nepotism and favoritism are no longer the norms.
As you can see from the above that in this scenario we haven’t still relied on private sector investment as the engine of growth. Public sector investment will go up fro 4.7 percent of GDP to 6.2 percent in 2004-05 while private sector investment will remain at 9.4 percent – not much different from the current level of 9.2 percent.