ICICI Securities: Better Price Discovery Of Agri Produce, More Investment In Rural India To Drive Incomes Of Farmers Upwards

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.We hosted Mr. Balram Yadav, Managing Director - Godrej Agrovet to discuss the agriculture sector, new farm bills and the tectonic shift in Indian Agri sector.Five takeaways -1. Agri gross domestic product will not be impacted in FY21 considering normal monsoon, better sowing and possibility of higher Kharif production. Up-fronting of NREGA payments is also helping the agri economy.2. While poultry and milk demand /prices were impacted post Covid-19, there is increase in demand now. Further opening up of economy will also lead to better demand.3. New farm bills will help to create free pricing and the farmers can benefit. There will be higher focus on quality of agri produce.4. The investments in rural India (warehousing, cold chain etc) will go up. Aggregator models will also emerge.5. New opportunities such as agri exports, higher investments in agri production, improvement in quality of fruits/vegetables will emerge..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Securities: Better Price Discovery Of Agri Produce, More Investment In Rural India To Drive Incomes Of Farmers Upwards

ICICI Securities: Better Price Discovery Of Agri Produce, More Investment In Rural India To Drive Incomes Of Farmers Upwards

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