Additionally, it noted that the minimum support price (MSP) has positively impacted crop prices, especially for heavily procured crops like paddy and wheat, adding that initiatives like E-NAM, promoting Farmer Producer Organizations (FPOs), and cooperative participation in agri-marketing can improve market infrastructure and price discovery, incentivising states to modernise agricultural marketing.
Meanwhile, the document also highlighted that geopolitical conflicts could disrupt supply chains, elevate commodity prices, and delay monetary policy easing, potentially affecting India's external sector.
The Economic Survey revealed that the employment situation in India has seen a positive transformation in the last decade, with advancements in formalisation, skill development, entrepreneurship, industry diversification, and inclusive growth.
The story "Union Budget 2024: Here's what the Economic Survey says about key sectors" has 1624 words across 64 sentences, which will take approximately 7 - 14 minutes for the average person to read.
Which news outlet covered this story?
The story "Union Budget 2024: Here's what the Economic Survey says about key sectors" was covered 6 hours ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 226 news stories per day.
It's most recent story was published 6 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
