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Govt banks on Rs 1.3-lakh-cr rural push to boost growth; analysts pick 10 stocks

Updated : February 12, 2020 03:54 PM IST

Against the backdrop of stagnating farm income and rural demand slowdown, the government has budgeted Rs 1.3 lakh crore for agriculture and farmers’ welfare.
This includes an allocation to rural employment scheme (NREGS) of Rs 615 bn, rural roads (PMGSY) of Rs 195 bn, and rural housing (PMAY-G) of Rs 275 bn.
“In the Budget, the government has increased allocation towards agriculture & farm welfare by 32% to Rs 1,343 billion.
Govt banks on Rs 1.3-lakh-cr rural push to boost growth; analysts pick 10 stocks

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