FACTBOX-India's 2009/10 budget and the economy

NEW DELHI, July 6 (Reuters) - India's finance minister on Monday outlined plans to speed infrastructure development and unveiled increased spending for farmers and the poor in the first budget since the Congress-led government was re-elected convincingly in May.

The government said the additional spending would push the 2009/10 fiscal deficit to 6.8 percent of GDP, much higher than markets had expected, sending local shares sharply lower and pushing up bond yields.

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Following are some facts about the budget and key numbers from the 2009/10 federal budget.

SIZE OF ECONOMY (GDP): $1 trillion

POPULATION: 1.15 billion

GROWTH: The government said on Monday economic growth slowed to 6.7 percent in 2008/09 from year-earlier 9.0 percent. It would be the slowest growth in six years.

The budget assumes growth of 8 percent in 2010/11 and of 9 percent in 2010/11.

INDUSTRIAL GROWTH: India's industrial output INIP=ECI, which accounts for a quarter of its GDP, grew 2.4 percent in the year to March 2009, compared with 8.5 percent growth the year before.

Output was up 1.4 percent in April.

EXPORTS: India's exports, which form 16 percent of the economy, grew 3.4 percent in the year to March 2009, compared with growth of 23.02 percent in 2007/08.

They fell 29.2 percent in May and fell 33.2 percent in April.

BUDGET ESTIMATES FOR 2009/10:

* Total receipts seen at 10.21 trillion rupees

* Revenue receipts seen at 6.14 trillion rupees