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).
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The