In this Video, Mr.Anand Srinivasan speaks about In order to reign in inflation, the government has suspended trading in futures contracts of some agricultural commodities for one year. Trading in seven commodities including paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong has been suspended with immediate effect, according to a Finance Ministry notification. Securities and Exchange Board of India (SEBI) asked commodity exchanges not to launch futures contracts of the seven commodities for one year. For running contracts, the markets regulator said no new positions would be allowed in these commodities, according to a SEBI order.
