The plan outlays for the year have been increased 27 per cent to Rs 6289 crore from Rs 4950 crore in 1998-99. The major beneficiary will be the power sector whose plan outlay will go up from Rs 1577 crore to Rs 2011 crore. He proposed the introduction of a first-point tax and abolition of the multiple-point tax system "in the interest of industry and trade". Of total 550 commodities, 530 will be taxed at the first point of sale.