{"id":41626,"date":"2023-10-28T07:30:01","date_gmt":"2023-10-28T07:30:01","guid":{"rendered":"https:\/\/pollinews.com\/?p=41626"},"modified":"2023-10-28T07:45:23","modified_gmt":"2023-10-28T07:45:23","slug":"%e0%a6%a6%e0%a6%be%e0%a6%ae-%e0%a6%ac%e0%a6%be%e0%a6%a1%e0%a6%bc%e0%a6%be%e0%a6%b0-%e0%a6%86%e0%a6%b6%e0%a6%99%e0%a7%8d%e0%a6%95%e0%a6%be-%e0%a6%95%e0%a7%83%e0%a6%b7%e0%a6%bf%e0%a6%aa%e0%a6%a3","status":"publish","type":"post","link":"https:\/\/pollinews.com\/en\/%e0%a6%a6%e0%a6%be%e0%a6%ae-%e0%a6%ac%e0%a6%be%e0%a6%a1%e0%a6%bc%e0%a6%be%e0%a6%b0-%e0%a6%86%e0%a6%b6%e0%a6%99%e0%a7%8d%e0%a6%95%e0%a6%be-%e0%a6%95%e0%a7%83%e0%a6%b7%e0%a6%bf%e0%a6%aa%e0%a6%a3\/","title":{"rendered":"Prices are feared that the trade of agricultural products will be closed in advance in India"},"content":{"rendered":"

The central government of India has decided to spur the food inflation, which has decided to increase the early trade of important agricultural products to keep the prices of daily commodities within the reach of buyers. It will remain in force by the end of 2024.<\/p>\n

The Security and Exchange Board of India (Sebi) ordered an early closure of the year-long advance trade in important agricultural products in 2021. After approving advance trade in 2013, the Times of Indida has ordered its closure in 2021 as a dramatic incident.<\/p>\n

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The order to stop the trade in advance in 2021 was the last year, and it was held until December 20, 2023.<\/p>\n

In a notice on Friday, Sebi announced that the trade will remain suspended until December 20, 2024. The products on which this ban will be in effect are the products of the ban, such as crude palm oil, wheat, rice, turmeric, edible peas, green chickpeas and mustard.<\/p>\n

But the businessmen are not at all happy with the decision, said Sandeep Bajorita, chief executive of the vegetable oil business Sanveen Group, said that the decision was very unfortunate. He added that the unrest in the global market was very important for India's vegetable oil deal. Unfortunately, the process was stopped.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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India imports two-thirds of the demand for edible oil and has raised 20.8 billion dollars or 2,800 million dollars in the fiscal year 2022-23.
\nThe next year's general elections will be held in India, and before that, several states in the next few months, and the Narendra Modi government is taking various measures to keep the market stable, and a section of the market has thought that the ban could be mitigated.<\/p>\n

Earlier, the central government of India imposed tariffs on the export of pejja and rice, and then in the early days of the ban on the advance trade of agricultural products, they again said that they will not allow the prices of daily commodities in the market.<\/p>\n

Sandeep Bajorita told the Times of Indi that unfortunately the government has linked early trade with the increase in the prices of daily commodities.<\/p>\n

The National Commodity and Derivative Exchange will be affected by this decision of the central government of India, followed by the multi-commodity exchange.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

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