Saturday, February 19, 2011

Pre Budget Expectations 2011-12

Pre Budget Expectations 2011-12 : AGRICULTURE & AGRO COMMODITIES: Agriculture is core sector contributing more than 18% of India's GDP. Rising prices would be in focus in near to medium term. Increased production and higher productivity will help to secure enough supply to curb prices. Agro input industry is very well placed. There is huge scope for the expansion as only 39% of cultivated land is under irrigation. Country is a net importer of fertilizer and India is one of the lowest per hectare consumer of fertilizer and pesticides. Some favorable policy changes will help to utilize huge business potential in time to come.

We expect positive measures to be awarded to the Agri Inputs sectors as the government would like to boost Agriculture growth during the current fiscal. Therefore we expect some pro positive measures to be announced in this forthcoming budget.Read More...
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