homeeconomy NewsFarm package is not a populist move, it's the need of the hour: CII

Farm package is not a populist move, it's the need of the hour: CII

Rakesh Bharti Mittal, president of Confederation of Indian Industry (CII) & Vice Chairman of Bharti Enterprises, and Vinayak Chatterjee, chairman of Feedback Infra, shared their expectations from interim Budget 2019.

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By Rakesh Bharti Mittal  Feb 1, 2019 11:35:30 AM IST (Updated)

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Rakesh Bharti Mittal, president of Confederation of Indian Industry (CII) & vice chairman of Bharti Enterprises, and Vinayak Chatterjee, chairman of Feedback Infra, shared their expectations from interim Budget 2019.

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"Given that the elections are around the corner, we expect some policy measures for salaried class will be taken," Mittal said.
"There will be significant allocations for farm distress and for social sector," added Mittal.
Talking about farm package, Mittal said, “The government may fire on multiple cylinders as far as farm package is concerned given Prime Minister’s vision of doubling the farmers’ income.”
“However, I believe diligently that this not a populist move, this is the need of the hour,” he added.

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