Key Highlights - Food Processing Industry

Budget 2024 charts a growth-focused course, emphasizing capital expenditure for positive economic impact. Initiatives in transport and green projects create private sector opportunities, earning accolades from the business community. The Budget's commitment to trust-based governance, especially for Micro, Small, and Medium Enterprises (MSMEs), is commendable. Looking forward, the Budget strikes a balance between farmer welfare, agricultural competitiveness, and support for start-ups. Measures addressing information asymmetry aim to foster entrepreneurship in the agriculture value chain. Anticipated boosts in investments for fisheries and dairy, along with increased credit availability, are expected to spur growth.