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Modi says India Inc exposure to agro sector just 1%, calls for huge jack up

PM says current level of investment is much lower than other economies and largely confined to tractor manufacturing and urea

Lucknow: Prime Minister Narendra Modi addresses during a programme to mark completion of three years of Smart City Mission, AMRUT and Pradhan Mantri Avas Yojna, in Lucknow on Saturday, July 28, 2018. Photo: PTI
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Lucknow: Prime Minister Narendra Modi addresses during a programme to mark completion of three years of Smart City Mission, AMRUT and Pradhan Mantri Avas Yojna, in Lucknow on Saturday, July 28, 2018. Photo: PTI

Virendra Singh Rawat Lucknow
Prime Minster Narendra Modi on Monday exhorted India Inc to jack up investment in the domestic agricultural sector for overall socio-economic development.

Speaking at a function in Lucknow, Modi claimed the aggregate corporate investment in the domestic farm sector was an abysmal one per cent, much lower than other economies, and that even this was largely in urea or tractor manufacturing.

“Recently, I had convened a meeting of top industrialists in Mumbai to discuss the issue

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First Published: Jul 30 2018 | 12:06 PM IST

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