Mobile vans to ensure judicious use of farm chemicals in Haryana

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Chandigarh, May 6 | Haryana Agriculture Minister J.P. Dalal on Friday flagged-off five mobile vans to ensure judicious use of crop protection chemicals that support sustainable farm management.

The campaign is part of agro-chemical policy platform, Agro Chem Federation of India (ACFI), which is creating awareness among farmers about the right and optimal use of pesticides for increasing crop yield, quality and income.

The mobile vans will educate, engage and empower the farmers of Haryana.

Speaking at the launch ceremony, Dalal said unscrupulous elements are flooding Indian markets with low-quality and spurious agri-input products, which may derail the country’s progress in food production.

“This should be controlled by all the stakeholders. The ACFI has taken a very good step to educate our farmers which should be lauded and supported,” he said.

ACFI Director General, Kalyan Goswami, said there is a need to check the sale of bio-products laced with unauthorised and unregistered chemical pesticides by dummy companies as they impact the lives and livelihoods of the farmers besides posing a grave threat to the country’s food security and environment.

He also urged the Union government to take effective steps to control illegal import of pesticides.

Goswami added that the farmers need to insist on an invoice or bill with a GST number whenever they purchase agrochemicals.

“Insisting on invoice will help check the sale of harmful agriculture inputs. It will also be a win-win situation for all the stakeholders, including farmers, consumers and industry,” he said.

The General Secretary of Rashtriya Kisan Progressive Association, Pawan Payal, said a nationwide campaign is on for the reduction of GST from 18 per cent to 5 per cent so that farmers can purchase crop protection products with bills.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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