Government plans merger of commodity boards: Angel Broking

Views of Mr. Ritesh Kumar Sahu (Fundamental Analyst ? Agri Commodities, Angel Broking):

"After coming to power, the present government is very serious in developing the entire agriculture sector and empowering the producers. In a view to develop, fund and monitor the functioning of plantation and species sector, government has made a positive move to merge commodity boards and set up an umbrella organization so that these board will be proactive and responsible towards their prime functions - improve production, development and exports. There are huge potential for foreign exchange earnings as well as direct and indirect employments in these sectors."

Source : Equity Bulls

Keywords