India plans to restrict certain commodity delivery centers

05/30/2013 | Business Standard (India)

Agricultural commodity delivery centers could be restricted by the Forward Markets Commission in order to simplify futures trading. "Sometimes, a large number of delivery centers create problems. Hence, we want to restrict it, for which the commission is waiting for the final recommendations of the subcommittee of the advisory committee," said FMC Chairman Ramesh Abhishek.

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