Promises to double farmers' income by 2022 will only be meaningful if they are supported by structural changes in agriculture
Madras Fertilizers, FACT, RCF, Escorts, Shakti Pumps, Chambal Fertilisers and Roto Pumps were up 3% to 8% on the BSE.
Escorts, M&M,Action Construction Equipment, Shakti Pumps, PI Industries, Monsanto India, Excel Crop Care and UPL were up 2% to 6% on BSE.
Higher investments by companies including PepsiCo., Hindustan Unilever Ltd., ITC Ltd., which buy from farmers in some states, could boost incomes faster