Moneycontrol PRO
HomeNewsBusinessStocksBudget 2020: Fertiliser stocks fall as FM pushes for use of organic fertilisers

Budget 2020: Fertiliser stocks fall as FM pushes for use of organic fertilisers

Horticulture exceeds the production of food grains in India, says FM.

February 01, 2020 / 23:18 IST
X

Fertiliser stocks dragged on February 1 after Finance Minister Nirmala Sitharaman in her Budget 2020 speech pushed for the use of organic fertilisers.

While talking about sets for pushing farm incomes, the minister informed the House that horticulture production has surpassed that of foodgrain in India.

The government will launch village storage schemes run by women self-help groups. The Centre will provide viability gap-funding for setting up warehouses, FM said in an another announcement as she reiterated government's commitment to double farmers' income.

fertiliser new

Moneycontrol News
first published: Feb 1, 2020 12:56 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347