| Even 10 years after futures trading was reintroduced in agri commodities, hedging activities are yet to attract momentum. After 40-odd years of suspension, the ministry of consumer affairs reintroduced futures trading in agri commodities in November 2002, which saw the emergence of three national level derivatives exchanges — Multi Commodity Exchange, National Commodity and Derivatives Exchange and National Multi Commodity Exchange.
In addition to that, 21 regional commodity exchanges also offered futures trading in agri commodities, albeit meagrely...............................................Full Article: Source
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