The general thrust on agriculture is good

Prasad Menon, managing director, Tata Chemicals

For the last two years there hasn't been any increase in fertiliser price.

On the agricultural front, the general thrust is a good one. Policy decisions are encouraging but we have to see how far it gets implemented.

As far as fertiliser industry is concerned the finance minister has taken the right move. For the last two years there hasn't been any increase in fertiliser price. This is a marginal hike and the move is in line with the recommendations of the expenditure reforms commission.

The subsidy cut with corresponding hike in selling price will not hit manufacturers since the farmers will have to bear it.

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