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Tuesday, January 4, 2011

Latest RBI Notice to commercial Banks on Loans

http://img692.imageshack.us/img692/6576/rbi.gif
has sent a circular to all commercial Banks to accept the following precious material as security for loans.

 http://img52.imageshack.us/img52/5010/onions.gif

This will be effective as long as Mr. Sharad Pawar remains as Agriculture Minister
http://img232.imageshack.us/img232/6586/sharadpawar.gif

Sent by Mr. Bhaskaran Sivaraman
Anonymous SARAVANA PRAKASH said...
I think some structural weakness exist in Indian Agriculture. Lack of initiative from us to put importance of vegetable and horticultural commodities in agriculture, has made farmers to shift towards food grains or Sugar cane which is guaranteed by Minimum Support Price (MSP) or Statutory Minimum Price (SMP). Thank you
January 4, 2011 10:45 AM

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1 comment:

SARAVANA PRAKASH said...

I think some structural weakness exist in Indian Agriculture. Lack of initiative from us to put importance of vegetable and horticultural commodities in agriculture, has made farmers to shift towards food grains or Sugar cane which is guaranteed by Minimum Support Price (MSP) or Statutory Minimum Price (SMP).

Thank you