Although there is no policy in the budget impacting the industry directly, the proposed plans to improve agricultural production and productivity are likely to have a positive impact on the industry. Moreover, the increased interest subsidy and agricultural credit target will improve liquidity at the hands of the farmers.
Companies with Positive Impact: United Phosphorus, Rallis India, Tata Chemicals .
Telecom
Impact: The industry is likely to benefit from the proposed plan to offer broadband connectivity to all the panchayats across the country. However, the fibre network is restricted to districts and blocks. The telecom department is expected to lay a common fibre infrastructure to be used by all the telecom players at subsidised rates to offer broadband connections to the panchayats.
Companies with Positive Impact: Tulip Telecom, Idea
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