Agriculture shares jumps to 10% as FM allocates Rs 1.52 lakh crore for the sector
The Stocks of Kaveri Seed Company, Avanti Feeds, Coastal Corporation, Zeal Aqua and BKV Industries rose 2% to 10% on Tuesday. During her budget statement, Finance Minister Nirmala Sitharaman announced that the Indian government will allocate Rs 1.52 trillion.
The FM said, “This year, I have made a provision of 1.52 lakh crore rupees for agriculture and allied sectors.”
Sitharaman also stated that shrimp production and export financial support will be offered to set up a network of nucleus breeding facilities for shrimp rootstocks. Financing for shrimp farming, processing and export will be made easier.
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