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World Business Report: First broadcast 01/02/2021 01:06 GMT : India to unveil its latest budget

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India to unveil its latest budget

First broadcast 01/02/2021 01:06 GMT 

First broadcast 01/02/2021 01:06 GMT : India to unveil its latest budget

BBC World Service - World Business Report, India to unveil its latest budget

India is set to unveil its budget, so which industries will get a government boost?

India is set to unveil its budget in a few hours, but which industries will get a boost from the government? We hear from Deepak Lalwani, the founder of Lalcap, a consultancy that advises on investment in India, plus we get the thoughts of Jayati Ghosh, an economist at the University of Massachusetts. Bakeries in Ireland are warning consumers the price of a loaf could soon rise by 10% because of the UK's exit from the European Union and new tariffs on imports of British flour. We get analysis from Paul Kelly, director of Food Drink Ireland. Brexit is also causing problems for fish exporters in Greenland, because of tariffs on seafood like prawns sold to UK customers. Henrik Leth, the chief executive of Polar Seafoods tells us that his company is losing out to rival seafood exporters in Norway and Canada. Economic commentator, Michael Hughes, explains how the UK is hoping to join the 11 country trade bloc known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. And David Foulkes, chief executive of the world's biggest boat manufacturer, Brunswick, tells us about the surging demand for boats over lockdown. (pic of Indian bank notes via Getty Images.)

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