Moneycontrol PRO
HomeNewsBusinessStocksUnion Budget 2017-18: Agriculture stocks rise on Rs 5000 cr micro irrigation fund

Union Budget 2017-18: Agriculture stocks rise on Rs 5000 cr micro irrigation fund

The government fixed agri credit at a record of Rs 10 lakh crore and committed to double farmer income in next five years.

February 01, 2017 / 12:14 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Moneycontrol BureauShares of agri-related companies rose on Wednesday as Finance Minister Arun Jaitley in his Union Budget 2017-18 has announced Rs 5000 crore worth dedicated micro irrigation fund is to be set up by NABARD.The government fixed agri credit at a record of Rs 10 lakh crore and committed to double farmer income in next five years.At 11:36 hrs Chambal Fertilisers and Chemicals was quoting at Rs 83 up 2.85 percent and Coromandel International was quoting at Rs 329.25, up 5.19 percent.Deepak Fertilizers was quoting at Rs 264.10, up 5.94 percent and Jain Irrigation Systems was quoting at Rs 95.50, up 0.95 percent on the BSE.Posted by Rakesh Patil

    first published: Feb 1, 2017 11:42 am

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    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