Growing Pains

• Increasing EMIs lead to dip in sales of consumer goods like cars
  
• Manufacturing growth slips to 13-month low in November 2007
  
• Investment demand remains strong, but bank credit is declining
  
• Exports continue to grow, except in traditional sectors where there have been job losses
  
• Agriculture under-performs, won't touch 4 per cent growth target

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• Rationalisation of taxes to make exports more competitive
  
• Effort to boost investment; improve agriculture income
  
• Streamlining of investments
  
• Better targeting of food, fertiliser subsidies Sharper focus on health, education and skill development

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