Let me now touch upon the sufficient conditions viz., longevity (health) and literacy (education). Two critical indicators literacy rate and life expectancy has shown distinct improvement over the period. Literacy rate has gone up to 65 per cent during the beginning of the present decade from 44 per cent in 1981.
2nd Reducing the primary surplus target for the period up to 2022 to 2.0% of GDP compared with the current target of 3.5%. 3rd Changing the fiscal policy mix, with an emphasis on lower tax rates and higher public investment, so as to boost the growth impact of fiscal policy.