Monday, August 15 2005 12:40 Hrs (IST) - World Time -

New Delhi: Following are the economic highlights of Prime Minister Manmohan Singh's Independence Day address:

• Economy to grow 7 per cent this fiscal.
  
  
• Reviews progress in seven areas including agri, irrigation.
  
  
• Krishi Vigyan Kendras to be set up in every village by 2007.
  
  
• Rail corridor between Delhi-Mumbai & Delhi-Kolkata with investment of Rs 25,000 crore.
  
  
• Nuclear energy to contribute 40,000 MW power.
  
  
• One cr hectares of land to be irrigated under Bharat Nirman.
  
  
• 2.5 cr houses to be given electricity under Bharat Nirman.
  
  
• Each village to have at least one phone connection.
  
  
• Panchayats to be actively involved in Bharat Nirman
  
  
• Thrust on creating more jobs - 'Rozgar Badhao'.
  
  
• Revamping of Khadi and Village Industries Commission.
  
  
• National Rainfed Authority to be set up.
  
  
• Work begins on additional 30,000 kms highways.
  
  
• Six-lane Golden Quadrilateral to be completed.
  
  
• Rail modernisation programme prepared.
  
  
• Construction of world class ports and airports.
  
  
• Urban Renewal Fund with focus on revitalization of Mumbai.
  
  
• Development of non-metro urban centres.
  
  
• Workers should work in cooperation with management.
  
  
• More trade and economic pacts with East Asian countries.
  
  
• Stress on converting outlays into outcomes of progress.