New Delhi, Nov 9 (IANS) Chhattisgarh Chief Minister Bhupesh Baghel, who had announced a 'march' to Delhi next week to protest against the central government's paddy procurement rate, has postponed it citing security reasons.
The state unit of the Congress said that Section 144 has been imposed in many states in the wake of the Ayodhya verdict and therefore, the Chief Minister has postponed the agitation programme.
Earlier Baghel was scheduled to 'march' to Delhi on November 13 to protest against the Central government's "refusal" to buy paddy from his state at the rate paid by the state government to the farmers.
Baghel, along with his ministers, other Congress leaders, workers and farmers, was supposed to begin the journey towards Delhi on November 13 and reach the national capital by road on November 15, after passing through Maharashtra, Madhya Pradesh and Uttar Pradesh.
Enroute, he was scheduled to address roadside rallies to highlight the farmers' distress.
The bone of contention between the Chhattisgarh government and the Union government is the price of paddy. The state government is buying paddy at Rs 2,500 per quintal from farmers, but the Union government has said it will not give the incentive paid by the state.
The Union government wants to buy the paddy at the minimum support price (MSP) of Rs 1,815 per quintal, Congress leader Idris Gandhi has alleged. He heads the research department of the Chhattisgarh Congress.
The Congress party has alleged that former Chief Minister Raman Singh of the BJP is taking "revenge" on farmers for his defeat, and it was the reason for the Union government's unwillingness to pay the incentive as was done earlier during the BJP's rule in the state.
New York, June 4 (IANS) US stocks finished noticeably higher on Wednesday as investors pored through a slew of economic data.
The Dow Jones Industrial Average jumped 527.24 points, or 2.05 per cent, to 26,269.89. The S&P 500 increased 42.05 points, or 1.36 per cent, to 3,122.87. The Nasdaq Composite Index rose 74.54 points, or 0.78 per cent, to 9,682.91, Xinhua reported.
Ten of the 11 primary S&P 500 sectors ended higher, with industrials and financials up 3.91 per cent and 3.83 per cent, respectively, leading the gains. Health care dipped 0.2 per cent, the only declining group.
Private companies in the US shed 2.76 million jobs in May as the COVID-19 fallout continues to ripple through the country and weighed on the labor market for another month, US payroll data company Automatic Data Processing (ADP) reported on Wednesday.
The report utilizes data through May 12, and does not reflect the full impact of COVID-19 on the overall employment situation, said ADP.
Meanwhile, economic activity in the US non-manufacturing sector contracted in May for the second consecutive month, said the Institute for Supply Management (ISM). The ISM non-manufacturing index registered 45.4 per cent in May, following the April reading of 41.8 per cent.
Wednesday's market rally followed a solid day on Wall Street with the 30-stock average closing up more than 260 points.
"Now, as the US economy endures the recession in real time, the stock market may be looking ahead again -- pricing-in an economic recovery that could take hold in the second half of this year, or later," Mitch Zacks, CEO at Zacks Investment Management, said in a note on Wednesday, while commenting on the recent market rally amid the COVID-19 shock.
Investors also closely monitored nationwide unrest over the death of African-American George Floyd as riots on top of the pandemic could cause lasting economic scars.