Blog detail
WIth a grain of daily salt!
http://dailysalty.blogspot.com
- Author: Bhaskar Dasgupta
- Listed in: News & Media Political
- Tags: religion politics military history terrorism united kingdom
- Added on: Sep 6th, 2007
- Country: United Kingdom
- Language: English
Terrorism, International Relations, Military Science, Religion, Islam, Hinduism, Judaism, Christianity, Paganism, Buddhism, History, Philosophy, Finance, Mathematics, Economics, Investment Banking, India, USA, Europe, Middle East, CHina, United Kingdom, Libertarian, Conservative, Labour, Communist, Socialist, Current Affairs, Social Issues, Feminism, Parenting, School, racism, affirmative action, information technology, internet, outsourcing, international finance, mythology, ancient egypt, ancient civilisations, explorations, discoveries
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Vijay Goyal Said:
Govt should freeze the transaction of NCDEX with immediate effect to reduce the rate of inflation.
Now these days business houses dealing in agri product in bulk Qty. are interested to do business on NCDEX this is the reason because they have to give margin money 7-10 % only . so they can do business in the volume of 10 to 15 times . their is also(1 )No inspector raj (2)No payment commercial tax on the business done on NCDEX. (3) their is no shortage in stock
(4) their is no storage/Godowns place are required
(5) their is no risk of bad debts involved in.
So the Big business house/ Retail chains like Big Bazaar are booking their requirement in NCDEX.
Now these days their is large fluctuation is also observed in steel Market and agri products these all are due to commodities exchange .due these exchanges labors are not getting sufficient work previously agri -products are stored in the godown of consumption center once goods is stored at consumption center this is not commercially viable to move other area this maintain the prices at that area and before the starting of NCDEx no such type of price fluctuation is observed .
I request concern Govt. authorities / Media reporters should thing in this direction also and make presser on govt. to close the transaction of NCDex (for the products which common man (consumers) use
VIJAY Goyal
RAIPUR ( Chhattisgarh)
