Impact of Budget 2021 on the Indian Agri-business sector

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Union Budget 2021 rolled out at a difficult juncture for the Indian Economy. According to the first advance estimates, Indian Economy is expected to contract by 7.7% in 2020-21. The expectations of the industry from the government is of boosting growth and consumption. The Indian agriculture and agribusiness sector providing livelihood to about 58% of India’s population and contributing to 16% of Gross Value Added is a pivotal engine of growth. With this background, Grant Thornton Bharat hosted a panel discussion with Government and Private Sector experts to consider the impact of the Budget 2021 on the sector.

Guests of Honour & Government Leader Panelists
Dr. Ashok Dalwai, IAS CEO, NRAA and Chairman, Empowered Committee, Doubling Farmers Income	Smt. Neelkamal Darbari, IAS Managing Director, SFAC, Govt. of India	Dr. Suresh Kumar Malhotra Agriculture Comm.& Horticulture Comm., Dept. of Agriculture & Farmers Welfare, MoA, Govt. of India
Industry & Farmer Leader Panelists
Sagar Kaushik COO, UPL Ltd.	Sanjay Sacheti Country Head – India Region, Olam Agro India	Sanjiv Kanwar Country Manager – Sales and Marketing Business Unit Asia, Yara International
Vilas Shinde CEO Sahyadri FPC	D. Narain South Asia Vice Chairman & Managing Director Bayer Crop Science Limited	Shankar Venugopal Vice President - Technology Innovation & Knowledge Management, M&M Ltd