Dhanuka Agritech surged 5.17 percent, Jain Irrigation Systems rose 3.17 percent and Kaveri Seed Company gained 1.52 percent on the BSE.
Outlining that India has been singled out as a bright spot in the global economy by both the International Monetary Fund (IMF) and the World Bank, Jaitley said: "Inflation has been controlled, low growth has been replaced with high growth and a massive war against black money has been launched."
The government provides short-term crop loans up to Rs 3 lakh at subsidised interest rate of 7 percent per annum. An additional incentive of 3 percent is provided to farmers for prompt repayment of loans within due date, making an effective interest rate for them at 4 percent.
Demonetisation was a bold and decisive strike in a series of measures to arrive at a new normal of bigger, cleaner and real GDP, he said, adding that it has only a transient impact on economy and the long term benefit include higher GDP growth and tax revenue.
Finance Minister Arun Jaitley today said the focus of his Budget for 2017-18 will be on 10 important sectors, including farmers, infrastructure, digital economy and tax administration to transform, energise and clean India.
India is a "bright spot" in the world economy, Finance Minister Arun Jaitley said as he unveiled his annual Budget on Wednesday, adding that the impact on growth from the government's cash crackdown would wear off soon.
Expectations were rife that the Narendra Modi government will announce a populist budget given the fact that five states are going to assembly polls later this month. Measures aimed at soothing the adverse impact of demonetization are also expected.