-The Hindu Business Line The extended ban has affected the turnover of commodity exchanges * What are the agri commodities in which futures trading has been banned by SEBI? SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, wheat, chana (Bengal gram), mustard seed and its derivatives, soyabean and its derivatives, crude palm oil and Moong (green gram). * Why were they...
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Chhattisgarh government to procure pulses at Minimum Support Price -Ritesh Mishra
-Hindustan Times Chhattisgarh chief minister Bhupesh Baghel said the procurement of the pulses at support price will boost income of farmers RAIPUR: Chhattisgarh Chief Minister Bhupesh Baghel on Monday launched the procurement drive of pulses, urad, arhar, and Moong at Minimum Support Price (MSP) at 20 procurement centres across the state, underlining that the move will encourage farmers to grow pulses and promote the cultivation of pulses in the state. “The procurement of...
More »Govt’s Bizarre Plans of Dealing With Looming Food Grain Crisis -Subodh Varma
-Newsclick.in Privatisation of grain procurement and cap on procurement subsidies are among the ideas being floated. Amid a slew of worrying news on the food grain front, the Narendra Modi-led government not only appears to be strangely cool, but it is also throwing up bizarre proposals to change the whole procurement-distribution system. This could be the famous ‘using a crisis as an opportunity’ mode of thinking that has led to catastrophic effects...
More »Why Punjab farmers who bet big on Moong this summer reaped a harvest of discontent -Nikhil Rampal
-ThePrint.in MSP for Moong became ceiling price as private traders were unwilling to offer more, claim growers. Another factor was low procurement of produce at MSP by Punjab government. Jagraon/Ludhiana: Encouraged by the Aam Aadmi Party (AAP) government’s promise to procure pulses at Minimum Support Price (MSP), the area under Moong cultivation in Punjab nearly doubled this summer as farmers eyed extra income. The commitment, which coincided with an early harvest of wheat...
More »First wheat, now rice — hit by bad weather, output could fall by ‘10 mn tonnes’ this season -Sayantan Bera
-ThePrint.in A hit to India’s rice output could lead to a major policy overhaul as it arrives on the back of a lower wheat harvest. New Delhi: After a severe heat wave in April-May singed India’s wheat crop, leading to a ban on exports, planting of rice, the main rain-fed crop in the ongoing kharif season, has been hit due to patchy rains in several states. Major rice-growing states such as Uttar Pradesh,...
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