Modi's jan dhan yojna makes a guinness record| market traidng tips

Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (PMJDY) has become the biggest financial inclusion initiative in the world as banks have opened record number of 11.50 Crore accounts as on 17 January 2015.

Arun Jaitley Finance Minister, said Guinness Book of World Records has recognized the achievements made under Pradhan Mantri Jan Dhan Yojana (PMJDY).

Jaitley said the Guinness Book has given certificate stating that the “Most bank accounts opened in one week as part of the Financial Inclusion Campaign is 18,096,130 and was achieved by the Department of Financial Services, Government of India from 23rd to 29th August, 2014.”

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Monday ncdex market updates|cotton prices and latest updates for 8th december 2014

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Recently  Mcx cotton goes upside with positive 70.00 points increment and cotton stands with 15920.00 points.

The cotton price crash has dealt with a heavy blow to the farmers in India. The desperate farmers are selling cotton at throwaway prices due to the lower price and poor yield.

The price have plunged below minimum support price(MSP) and the Modi government has asked Cotton Corporation of India Limited(CCI) to buy cotton. By the end of November, 2014 CCI has procured approximately 11,58,000 bales of cotton valuing around 2700 Crores for market stablisation and thereby alleviating farmers’ distress.

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Today ncdex market trading tips and updates| castor seeds prices

Castor seed in india has entered a strong rising market as prices have gaines 17% in 6 montha on support of lower output estimates.

Surplus supply has kept the castor seed prices subdued for 10 months but that scenario is changing. Arrivals in mandi are reported to be despite the rise in prices.

Today ncdex market, looking at down side with lower prices and recently mostly commodity going down side with lower prices and many important and mostly traded commodities going down side with lower price.

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