Tur and onion growers may be paid via DBT for procurement https://ift.tt/fQSV5E7 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).
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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