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).
2 top stock recommendations from Rajesh Palviya
Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal