Mr. Rajesh Aggarwal, Managing Director, Insecticides India Ltd. Shared his views on the Union Budget 2015-16.
Mr. Aggarwal stated, ”The Finance Minister has rightfully recognized the stress on agriculture incomes and put emphasis on investing in rural infrastructure. The allocation of Rs. 5,300 crore towards micro-irrigation, watershed development initiatives is a particularly welcome measure. We all know that a bulk of our population is dependent on the farm sector and the farm sector in turn is heavily dependent on the monsoon. A rainfall deficit always affects the farm sector and the agro chemical industry. This dependence on monsoon should reduce and we need a thrust on building micro-irrigation facilities which is there in the budget.
Another positive scheme that the government has announced is the soil health card scheme that aims to improve soil fertility. We are optimistic about this scheme and believe it will be highly beneficial to farmers. Besides, we also appreciate the budget’s thrust on manufacturing in line with ‘Make in India’.”
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Sign me up for the newsletter!
Notify me of follow-up comments by email.
Notify me of new posts by email.
Muthoot Finance obtains credit ratings from FITCH RATINGS, S&P GLOBAL RATINGS and MOODY’S INVESTOR SERVICE
Winners of the Second Edition of the Indian Sports Honours
Kurkure Partners with Paytm for 100% Cashback Festive Offer across portfolio
Fortis Healthcare launches #UnmuteYourself challenge in partnership with TikTok
Institutional Investments to touch USD 50 bn mark in 2019, says JLL Study
2014 The Global Indian New Network (TGINN)