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PDS

The Public Distribution System is a government-run program aimed at providing food and essential commodities to the economically disadvantaged population. It operates through a network of fair price shops that offer subsidized food grains, sugar, kerosene, and other items. This system plays a crucial role in ensuring food security and reducing poverty in developing countries. However, it also faces challenges such as leakages and inefficiencies. As a finance expert, I believe understanding the intricacies of this system is crucial in comprehending the socio-economic landscape of a country. Let's delve deeper into its functioning and impact.

IFFCO

The Indian Farmers Fertiliser Cooperative Limited, commonly known as IFFCO, is a leading cooperative society in India that specializes in providing quality fertilizers to fa...

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Commodity Exchange

These exchanges help in price discovery and hedging against price risks. Commodity Exchange refers to a marketplace for trading standardized commodities through futures and ...

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Commodity Index

The commodities included in the index can range from agricultural products to energy resources. A Commodity Index is a vital tool in the world of finance, used to track the ...

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Crop Year

In financial terms, the Crop Year refers to the duration between two consecutive harvests. It is an important concept to understand in the realm of agriculture and commodity...

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