Indian government releases 109 new high-yielding, climate-resilient crop varieties, triggering Kaveri Seed Company's shares surge.

Kaveri Seed Company's shares surged 10.99% to Rs 1075 after the Indian government announced the release of 109 new high-yielding, climate-resilient crop varieties. The government aims to initiate one crore farmers into natural farming supported by certification and branding within the next two years. The finance minister also announced Rs 1.52 lakh crore provisioning for agri and allied sectors in the Union Budget.

July 23, 2024
4 Articles