Business Today

Demand oriented budget, thrust on farming sector

Middle class and rural incomes and consumptions should increase based on the multipliers from the Govt spends.

Debashish Mukherjee        Last Updated: February 29, 2016  | 20:06 IST

Debashish Mukherjee
 

  • Looks like a demand oriented budget driven by agri and infra spend, plus overall subsidy point of view
  • Middle class and rural incomes and consumptions should increase based on the multipliers from the Govt spends
  • Notable thrust on the farming sector, which in addition to driving demand, in much needed for food security and nutrition
  • 100 per cent approval of marketing of food products manufactured in India will provide a strong fillip to the food processing industry and increase the incentive for greater agricultural productivity, further improving the economics for farmers
  • Thrust on skill development should not only help make our youth more employable but increase overall productivity in the economy

Debashish Mukherjee, Partner, Head, Consumer and Retail Industries, A.T. Kearney Limited

 

 


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