Ahead of the Budget 2011-12, Finance Minister Pranab Mukherjee said, the government is conscious of concerns regarding infrastructure development and investment in research and development. Addressing India Inc during the pre-Budget deliberation in New Delhi on Tuesday evening, he said, both these issues have a direct bearing on the productivity of Indian enterprise, adding investment in the infrastructure sector is also key to sustainable and inclusive growth. In both these areas, he said, the government alone would not be able to achieve the desired outcomes without the complementary efforts of the private sector, be it in the form of Public-Private Partnership or purely private initiatives. He asked for the suggestions from representatives of industry present to enhance and strengthen the private sector participation in infrastructure and R&D initiatives. The meeting among others was attended by Tata Sons Chairman Ratan Tata, FICCI President Rajan Bharti Mittal, Assocham President, Dilip Modi, CII President Hari Bharti, Suzlon Energy Chairman Tulsi R Tanti and Videocon Chairman Venugopal Dhoot.In his address to the India Inc representatives, the Finance Minister said that a good performance of industry is vital for the overall growth of the economy and for the growth of government revenues to fund critical public expenditure on social and infrastructure development in the economy. Mr Mukherji said that the Indian industry, particularly the manufacturing sector, has been an important growth driver in recent years. He said, India has done well in recovering growth momentum from the slowdown and the impact of other external shocks over the last two years adding, the recovery has been broad based with agriculture, industry and services all contributing to the consolidation of the growth process.