-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...
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Onion production might fall by 5.8% in 2016-17 crop year: Government -Sanjeeb Mukherjee & Agencies
-Business Standard Horticulture production to exceed food grains output for fifth year in a row The Centre’s first advance estimates for horticulture production for 2016-17 crop year that will end in June showed onion output might fall 5.8 per cent during the year to 19.7 million tonnes, while potato and tomatoes could rise marginally. Onion production in 2016-17 could fall to 19.71 million tonnes as against 20.93 million tonnes last year. The output is...
More »Top 15 parties deposited Rs 167 crore during note ban, BSP tops list, shows data -Appu Esthose Suresh
-Hindustan Times New Delhi: The Bahujan Samaj Party (BSP) made the highest cash deposit among political parties during 50 days of demonetisation, reveals data analysis by the Financial Intelligence Unit (FIU) and the Income Tax department (I-T). The top 15 national and regional political parties deposited Rs 167 crore during demonetisation, data accessed by HT has revealed. Besides Rs 104 crore cash deposit by the BSP, other 14 parties have put Rs...
More »Post-demonetisation, shell companies laundered at least Rs. 3,900 crore -Mahua Venkatesh
-Hindustan Times New Delhi: At least Rs 3,900 crore was laundered through shell companies between November-December after the ban on high-value banknotes, investigations by a central agency have found. The probe by the Serious Fraud Investigation Office (SFIO) has also identified at least 54 people who helped 559 beneficiaries with laundering the illicit cash, sources said. The government recalled 500 and 1000-rupee notes on November 8 in a move it said was aimed...
More »Public money wasted, not a drop of Ganga cleaned: NGT
-PTI New Delhi: “Not a single drop of river Ganga has been cleaned so far,” the National Green Tribunal on Monday observed, rapping the Government Agencies for “only wasting public money” in the name of the cleaning project. The tribunal asked the Government Agencies about how they were executing the Prime Minister’s ambitious ‘Namami Gange project’ and said it does not want the “drama” regarding complaints between the Centre and Uttar Pradesh...
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