farmers hope to benefit from the budget today in the
Union budget, which is expected to introduce measures
aimed at boosting farming and infrastructure.
government is also expected to target the rising inflation,
which it said in its Economic Survey presented yesterday
as being caused by supply bottlenecks.
have expressed concern that the economy could overheat
as it grows at over than 9 per cent and shows signs
of picking up further steam. The survey said India''s
economy had "decidedly taken off and moved from
a phase of moderate growth to a new phase of high growth".
survey has raised concerns over the agricultural sector,
which is forecast to grow by 2.7 per cent in the current
financial year, down from 6 per cent in the previous
prime minister and finance minister have said weaker
growth in agriculture would be a constraint to inclusive
growth for all sections. Accordingly, the farm sector,
say commentators, would be weigh heavily on the government
as it faces assembly elections in Uttar Pradesh in April,
especially after its defeat in Punjab and Uttarakhand
government is also under pressure to increase spending
on social programmes to offset some of the effects of
rising food and raw materials costs.