New Delhi: The domestic savings and investment rates by the end of 2007-08 have been estimated at 35.6 per cent and 36.3 per cent, respectively.

A similar high trend is noticed in foreign investments within the country as well. In the period April-December 2007-08, foreign direct investment (FDI) amounted to $12.7 billion and foreign institutional investment (FII) to $18 billion.

The finance minister said that government policy encouraged all sources of investment, domestic and foreign, private and public.

The budget proposals include a provision of Rs16,436 crore as equity support and Rs3,003 crore as loans to Central Public Sector Enterprises (CPSEs).

As of now 44 CPSEs are listed and government policy would encourage an increased listing of CPSEs in order to unlock their true value and also to improve corporate governance.