Success in investing doesn’t correlate with IQ once you're above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. -- Warren Buffett
India's #sugar policy has taken a dramatic turn in just a few months.
- Sugar exports were allowed despite lower production.
- In February, an additional 5 LMT of sugar exports was permitted.
- In May, sugar exports were suddenly banned.
- Domestic sugar prices continued to rise.
- In July, the government ordered the physical verification of sugar stocks held by sugar mills.
- Now, the government has imposed stock holding limits on sugar dealers.
- No sugar dealer can hold more than 4,000 quintals of sugar in stock or retain such stock for more than 30 days.
In just a few months, India has moved from allowing sugar exports to imposing stock holding limits to curb hoarding and speculation.
Who is accountable for such a sharp policy reversal?
Who misled the Food Ministry about the country's sugar production and stock position?
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https://t.co/9bS9G88Cg0
#Sugar #Policy #India #Agriculture #Inflation #Commodity
BREAKING 🚨:
Sandeep Chaudhary just gave belt treatment on live debate
"I won't let you run away spreading fake news on my show. Be in limits" 🔥🔥
Only journalist in mainstream media with spine and courage. Watch till end
UP : मेरठ के SSP अविनाश पांडेय ने बंदी वाहन में घुसकर एक व्यक्ति को थप्पड़ मार दिए
◆ जिस व्यक्ति को थप्पड़ मारा है, उसकी पहचान रवि गौतम के रूप में हुई है
◆ बताया जा रहा है कि रवि मेरठ में दलित समाज के प्रदर्शन में आकर लोगों को भड़का रहा था, बाद में पुलिस ने उसे हिरासत में ले लिया
#UttarPradesh | Uttar Pradesh | Meerut | #Meerut | Ravi Gautam
Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers. Great questions are a much better indicator of future success than great answers. – Ray Dalio