The Big Picture - Budget Expectations - Manufacturing Sector
Budget session of Parliament is all set to begin on 31st January and the budget will be presented on 1st February. Starting today we will discuss and analyse in this show the expectations of various sectors of Indian economy from Budget 2020. So let's begin with the manufacturing sector. Manufacturing sector in India accounted for 14.83 percent of India's GDP in 2019. This sector has been experiencing sluggish growth in the current year and is likely to expand at 2 % as against nearly 7% last year. Growth of manufacturing sector in India is very crucial for country's growth and all eyes are now on the Union Budget 2020 to see how it spurs the growth in this sector . So what are the expectations of the manufacturing sector and what the finance minister might do to meet those expectations.