As anticipation builds for Sunday’s budget presentation by Finance Minister Nirmala Sitharaman, economists are spotlighting agriculture, warehousing, and food processing. Manoranjan Sharma, speaking to IANS, emphasized the agri-sector’s 17% economic contribution and role in employing 48% of the populace.
The Economic Survey’s 7% growth projection signals India’s vigor as the fastest-expanding large economy. Sharma tied this trajectory to diplomatic wins like the India-EU FTA, offsetting US tariffs on key exports worth 17%. PM Modi hailed it as revolutionary for opening doors to new markets and employment.
Piyush Goyal’s op-ed, shared via PMO on X, celebrates the FTA as a landmark contrasting UPA’s mismanaged deals. ‘Guided by PM Modi’s foresight, it prioritizes India’s core strengths, expands horizons, and spurs development,’ Goyal affirmed.
With global trade shifting, this pact fortifies India’s position. Experts urge budget measures to modernize supply chains, cut post-harvest losses, and empower farmers—steps that could supercharge growth, foster inclusivity, and position India as an agri-export giant.