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LATEST NEWS UPDATES | Budget 2016: Why the FM needs to spend more on farm sector, and how -Chiranjivi Chakraborty

Budget 2016: Why the FM needs to spend more on farm sector, and how -Chiranjivi Chakraborty

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published Published on Feb 20, 2016   modified Modified on Feb 20, 2016
-The Economic Times

NEW DELHI: The crisis in the country's farmland has taken out one of the biggest spenders of the economy from the demand-supply chain - farmers.

The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy.

Its conspicuous absence has resulted in weak aggregate earnings performance by India Inc, especially in the consumer durables, staples and auto sectors.

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The Economic Times, 19 February, 2016, http://economictimes.indiatimes.com/markets/stocks/news/budget-2016-why-the-fm-needs-to-spend-more-on-farm-sector-and-how/articleshow/51052428.cms


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