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BUDGET 2001 HOME | BACK

 BUDGET 2001

 Sector Snapshots

 

Agriculture Reports

Farms to get a hand in tariff hikes
With the April 1 deadline for lifting all quantitative restrictions on imports around the corner, the Union Budget is expected to come out with a slew of tariff hikes to protect the farm sector.

Plantation sector finds global rivals too spicy to handle THE PLANTATION industry sees the Damocles sword of global competition looming over not just its export business, but also its domestic market. Rivals like Vietnam and Indonesia are moving ahead in the coffee and pepper markets.

Unclear taxes can growth of processed food cos
Processed food industry has great potential, but is not growing. Instead, the Rs 30,000-crore industry has been witnessing degrowth for the last two years. Largely unorganized, current statistics show that only 2 per cent of total food gets processed in the country  including biscuits, jams, sauces, atta, milk and a few meat products.

Focus on agriculture to meet growth target
Economists on Wednesday urged the government to step up focus on agriculture, social sector and WTO-compatible polices in the ensuing budget.

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