Until now, the National Agricultural Cooperative Marketing Federation of India and National Cooperative Consumers’ Federation of India Ltd – the two procurement agencies for pulses and onions – were making the payments to farmer federations or cooperatives, which in turn were paying the farmers. This process has been time consuming and so the government is planning to replace it with direct benefit transfer (DBT).
Shapoorji Pallonji Group’s Afcons Infra to float Rs 5,430-cr IPO on October 25
Afcons Infrastructure Ltd, a part of the Shapoorji Pallonji Group, is set to launch a Rs 5,430-crore IPO on October 25, featuring both fresh shares