This is the second set of nine commodity brokerages which has been penalised for violating rules on margin money.
August rains have come as a great respite. The sowing operations picked pace, reservoirs filled to normal levels and threat of power crisis eases down.
The guidelines issued by the Ministry are the outcome of several rounds of consultation held with States, industry bodies and experts.
Though El Nino concerns still loom large over the coming month, August has been wetter than expected.
An unexpected surge in rainfall since the last week of July has soaked parched fields in many parts of the country and filled up depleted reservoirs.
The El Nino conditions, known to cause dry weather, are likely to disrupt the monsoon's progress which has reduced the overall rain deficit from 19% in July to 15% now.
According to latest data, the total coverage under pulses is 74.48 lakh hectare as against 89.34 lakh hectare last year.
The ambitious Food Security Bill, if enacted, may as well become a poll plank for the UPA for the 2014 general elections.
Worried over presence of more than permissible pesticide residues in okra and pepper consignment for Saudi Arabia, the government has asked the vegetable exporters to strictly adhere to the quality norms prescribed by the European Union.
Heavy rains, which recently triggered flash floods & claimed many lives, are likely to ease, bringing respite to the flood-hit areas.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon