Todays Commodity Market Updates

Todays Commodity Market Updates

Copper on the London Metal Exchange is trading with a slight decline. The copper in the domestic market on Tuesday with a gain of 1.28 per cent to Rs 428. 

If the Prime Minister assure the subsidy loss Mpaward Group of Ministers on the other hand, the additional subsidy burden of Rs 10,000 crore, has decided to take. The uniform price across the country, ie Rs 1,170 a quintal of wheat will be sold. On the government ration shops will be 60 million tonnes of wheat and rice.

Fed up with financial losses forced the government subsidy has had to take a decision to carry a heavy burden. Mpaward Group of Ministers meeting decided that 30 million tonnes of wheat flour bulk consumer ie mills, food processing units will be sold cheaply. And the country it will mean a price of Rs 1170 per quintal.

The first buyer to the city of Ludhiana in the cost of procurement of transportation costs were added. But now it will not. Gujarat and Maharashtra in the Rs 1,312 Rs 1,348 Rs 1,170 per quintal selling government wheat now sold. This additional subsidy of about Rs 1,900 crore, the government will take. Similarly, government ration shops selling over 60 million tonnes of wheat has been decided. The additional subsidy burden of Rs 8,000 crore will.

120 million tonnes of wheat to the government so that it is no place to keep the new crop is coming. Quick the government - had to hurriedly decided to sell wheat at a cheaper cost. The Prime Minister's statement at the time of the G-20 is that the government will take every step to reduce the subsidies. 

After a few hours with him nearly Rs 10,500 crore Mpaward Group of Ministers has decided to take an additional subsidy burden. Increase government subsidies for corn has already Mismanejment there was no other choice. The decision of the Chief Economic Adviser to the Prime Minister has been taken on basis of C Rngarajn Committee report.

Related Posts