Union Finance Minister Nirmala Sitharaman said that up to 300 units of free electricity will be provided to 1 crore households every month under the Surya Ghar Muft Bijli Yojana in the budget. Solar power companies can benefit from this in this climate. So the share price of Tata Power, Adani Green, and Wari Energies may increase. Divyam Maure, research analyst at Samco Securities.
Union Finance Minister Nirmala Sitharaman has announced an increase in the upper limit of currency loans from 10 lakhs to 20 lakhs in the budget. These loans are provided by government banks and microfinance institutions. According to Samco Securities research analyst Raj Gaykar, shares of SBI, Bank of Baroda, Bank of India, Union Bank of India, and AU Small Finance Bank may rise.
Finance Minister Nirmala Sitharaman said that the central government has allocated Tk 1.52 lakh crore for agriculture in the budget. Besides, Nirmala informed us about the digitalization of agricultural infrastructure in the next 3 to 6 years. According to Samco Securities research analyst T. Manish, shares of CDSL, CE Info Systems, Genesis, Kaveri Seeds, and Dhanuka Agritech may rise.
