Agri stocks: Union Finance Minister Nirmala Sitharaman announced the ‘PM Dhan-Dhanya Yojana’ on Saturday. Under this scheme, 100 districts with low yields, modern crop intensity and average will be included in 100 districts.
The Finance Minister, while presenting his eighth consecutive budget, said that 1.7 crore farmers will benefit from this scheme. He said that the government will start rural prosperity and flexible programs, focusing on youth, women and farmers. The government will also start a six -year program for self -sufficiency in pulses, in which special attention will be paid to tur, urad and lentils.
After this announcement of Sitharaman, there was a strong rise in the stocks associated with agriculture. Shares of Cauvery Seed, Dhanuka Agri, Nath Bio-Jeg, Fertilizers and Chemicals Travancore, Rashtriya Chemicals, Ralis and Agri-Tech (India) Limited climbed up to 16%.
These agri stocks boom
Cauvery Seed 13%
Dhanuka Agri 5.1%
9% of Nath Bio-Jean
Fertilizers & Chemicals Travancore 5%
National Chemicals 4%
Ralis 4%
Agri-Tech (India) Limited 16%