Budget Reactions | Adarsh Somani, Partner, ELP Comments On Agriculture Sector

"The Union Budget reflects a continued prioritization of the agricultural sector, with an increased allocation of ₹1.52 lakh crore this year, up from ₹1.25 lakh crore last year," said Somani

The Union Finance Minister Nirmala Sitharaman introduced the Budget in the Parliament today.

Adarsh Somani, Partner at Economic Laws Practice said that, "The Union Budget reflects a continued prioritization of the agricultural sector, with an increased allocation of ₹1.52 lakh crore this year, up from ₹1.25 lakh crore last year. This substantial investment is expected to stimulate rural demand, particularly benefiting the automotive industry with increased sales of two-wheelers and tractors."

Also Read

Stay in the know with our newsletter