On the growth front, while service sector has been driving growth for the past several years, acceleration of growth of the economy and its sustenance at higher level critically hinges on the performance of agriculture sector in terms of supply of food and food products, employment of large section of population and providing a large and growing demand base for the other segments of the economy, viz., industry and services.
Third, comfortable external payments position. Based on the latest estimates, the country is expected to post a $ billion surplus in its balance of payments this year. Thanks to solid foreign exchange inflows in the capital and financial account, the deficit in the current account is more than adequately covered.