On the basis of these deliberations, the Committee is planning to submit its interim report shortly, covering issues such as rate of interest on agriculture credit, NPA norms in agricultural financing, outreach in the context of service area approach and micro finance.
As regards the issue of labour market pressure, the short-term question is whether the type of labour released via e.g. lower growth in public sector spending can fully or only partially make up for the extra labour required when lower income taxes push up private consumption.