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Budget 2018: Things to know about agri, dairy sector and their expectations

Ahead of Union Budget 2018-19, to be presented by Finance Minister Arun Jaitley on February 1, here are the Budget expectations of the agriculture and dairy sectors

The use of procurement as an instrument to enforce MSP is usually costly and costlier for crops where a ready avenue for disposal does not exist
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The use of procurement as an instrument to enforce MSP is usually costly and costlier for crops where a ready avenue for disposal does not exist

Sreeram ChellappaGaurav Haran
Ahead of Union Budget 2018-19, to be presented by Finance Minister Arun Jaitley on February 1, here are the Budget expectations of the agriculture and dairy sectors

Agriculture 

India is the second largest producer of agriculture product and its contribution to the Indian GDP at 18% is much higher than world's average GDP. Yet the sector needs significant focus with a view to improving rural economy and livelihoods.

Key Challenges 

1. Price Fluctuation: Farmers are frequently at the mercy of traders, inspite of good produce the price the farmers get is not sufficient to even cover the

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First Published: Jan 31 2018 | 5:30 PM IST

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