What is the impact of low allocation for manufacturing and agriculture in the budget, as per the Opposition MPs during the Parliament Budget Session
Parliament Budget Session Day 6 LIVE: ‘Low allocation for manufacturing, agriculture in budget’ say Opposition MPs
- Low allocation for manufacturing can impact the growth of industries, leading to a slowdown in production and job creation.
- Agriculture sector may suffer from inadequate funds for modernization, which could affect crop yields and farmer income.
- Insufficient funding for these sectors may result in a widening gap between rural and urban development, hampering overall economic progress.
- Opposition MPs argue that without proper budget allocation, key sectors like manufacturing and agriculture may struggle to contribute effectively to the country's GDP.
- This could also hinder the government's efforts to achieve self-reliance and sustainable development goals in these crucial areas.
Answered
4 months ago