INTERNATIONAL JOURNAL OF PURE & APPLIED BIOSCIENCE
ISSN : 2320-7051
International Journal of Pure & Applied Bioscience (IJPAB)
Year : 2018, Volume : 6, Issue : 3
First page : (475) Last page : (482)
Article doi: : http://dx.doi.org/10.18782/2320-6623
Commodity Exchanges in India: Status and Issues
Gauri Dhir1* and Khushdeep Dharni2
1PG Student, 2Associate Professor,
School of Business Studies, Punjab Agricultural University, Ludhiana
*Corresponding Author E-mail: firstname.lastname@example.org
Received: 12.05.2018 | Revised: 18.06.2018 | Accepted: 24.06.2018
Commodity exchanges have become an important component of financial markets of an economy on account of providing significant information related to price discovery and being a risk management tool. Indian commodity markets have the potential to contribute to the growth of Indian economy. Present paper attempts to explore the role and relevance of Indian commodity exchanges in context of important stakeholders such as farmers, traders, consumers and regulators. Growth of commodity market operations, in India, has witnessed a number of ups and downs. There is a need to reform and restructure Indian commodity exchanges in terms of improving the efficiency, making these more relevant to crucial stakeholders such as farmers, addressing the market microstructure issues, dealing the volatility and ensuring a consistent regulatory framework. Potent solutions to such issues may result in a healthy improvement in the efficiency and relevance of commodity markets in India.
Key words: Commodity market, Efficiency, Relevance, Market Microstructure, Volatility.
Full Text : PDF; Journal doi : http://dx.doi.org/10.18782
Cite this article: Dhir, G. and Dharni, K., Commodity Exchanges in India: Status and Issues, Int. J. Pure App. Biosci.6(3): 475-482 (2018). doi: http://dx.doi.org/10.18782/2320-7051.6623