Budget: A retrograde for agriculture

Abstract

According to the author, though the budget has some positive initiatives for agriculture, they are unlikely to pull the sector out of its poor growth in postreform period. Moreover, the budget shows that the govern~ent expenditure for agriculture leaves much to be desired. Therefore, the author suggests that the budget could have had better inter-sectoral perspective for generation and allocation of resources to employment-led economic growth and alleviation of absolute poverty with which agricultural growth is complementary. � 1997, SAGE Publications Ltd. All rights reserved.