Congress Moots Five-point Agenda To Beat Downturn

New Delhi, May 24: | Updated: May 25 2002, 05:30am hrs
Expressing concern at the “deteriorating” economic situation, the principal Opposition party, Congress, has said only its five-point agenda can revitalise the sagging economy.

The agenda, outlined by party president Sonia Gandhi, includes strengthening of the foundations of agriculture, focussing on accelerating the creation of new productive employment opportunities on a sustainable basis, and reviving the investment momentum, particularly in the manufacturing industry, and in physical and social infrastructure, especially education and health.

It also includes making public enterprises stronger, especially in strategic areas, and where it is “inevitable”, following a well-considered approach to privatisation and ensuring that it is done in a transparent manner.

The agenda, passed at the one-day AICC session here on Friday, also stresses on launching a massive food-for-work programme, a national employment guarantee scheme and making sure that the public distribution system provides adequate security to the poor.

Expressing “grave” concern over the slowdown in agriculture growth, the economic resolution adopted by session said the farm sector faces a “desperate situation” with farmers committing suicide, rural employment declining and social tensions increasing.