The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday.
Various suggestions were given to the finance ministry on the need for fiscal consolidation with many suggesting that flexibility on this aspect can put more resources in the hands of the government.
"All economists agreed that the country needs a manufacturing policy beyond the industrial policy. There were also suggestions on the supply-side measures which can be taken to tackle food inflation such as cold chain storage at the local level," said Ashwini Mahajan, national co-convenor, Swadeshi Jagran Manch.
This story is from the December 07, 2024 edition of Business Standard.
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This story is from the December 07, 2024 edition of Business Standard.
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