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Ongoing Agricultural Reforms To Support Long-Term Sector Growth

The outlook for India's agribusiness sector is positive for the 2017/18 season, amidst early forecasts for normal monsoon rainfall this year. In the longer term, ongoing reforms to the agricultural sector will support slow yield improvement. After a weak start for investment in agriculture at the beginning of his mandate, Narendra Modi has enacted a number of new schemes and allocated more generous funds to the sector aiming at increasing farm income and modernising agriculture. However, efforts to commercialise more GMOs and to reform fertiliser subsidies remain fruitless for now.





John Davies

Global Commodities Strategist
Commodities | London

Aurelia Britsch

Head of Commodities Research
Commodities | Singapore

Cole Martin, CFA

Senior Analyst, Commodities
Commodities | London


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