ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Crisis Unresolved

THE payments crisis arising out of large-scale illegal speculative activity in the so-called non-transferable specific delivery contracts in groundnut oil remains unresolved. The crisis has, in fact. deepened with time. Business in Decem- ber and January Contracts was closed at agreed rates some days ago. But payments have still to be settled. The amount involved is said to be of the order of about Rs 75 lakhs. The settlement is nowhere in sight. One of the prominent parties

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