Budget 2016: Why the FM needs to spend more on farm sector, and how -Chiranjivi Chakraborty

NEW DELHI: The crisis in the country’s farmland has taken out one of the biggest spenders of the economy from the demand-supply chain – farmers.

The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy.

Its conspicuous absence has resulted in weak aggregate earnings performance by India Inc, especially in the consumer durables, staples and auto sectors.

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