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Budget's focus on agriculture augurs well for agrochemicals: Sudhir Shetty

However, there are no significant steps for enabling access of feedstock to petrochemicals industry

Sudhir Shenoy, CEO, Dow India
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Sudhir Shenoy, CEO, Dow India

Rakesh Rao Mumbai
This is one of the least volatile budgets I have seen and does a reasonable balancing act. Happy to see that the fiscal prudence has not been compromised with the deficit maintained at 3.2 percent. Overall the Budget seems to be tilted towards the rural and agriculture sector developments. 

From the chemical sector point of view, the announcements relating to agriculture, like easing the credit availability and the Krishi Vigyan labs should add an impetus to the agrochemicals sector. This will aid farmers with access to products and technology on improving their yields and towards more sustainable practices. 

Furthermore, the rural drinking