Friday, June 3, 2016

9 June 2016: Integration between spot and futures markets and the way forward in commodity markets

Samir Shah
NCDEX

Abstract:
Indian agricultural market structure is characterised by over 7000 markets (APMCs). Each market in most states (other than a few states which have started the reform process) act as disconnected markets where a skewed market structure exists with an average of only 4-5 buyers to every seller. This deprives the small and marginal farmer from effective access to markets. We believe that 'right to market access' should be a cause that needs to be championed for farmers in India. 'Right to market access' means the ease with which a farmer can sell across grade, location and time. NCDEX Group and Government of Karnataka pioneered the beginning of this program of 'right to market access' through a reform program by building the first ever State Agri Market (SAM) initiated a few years ago. More recently Government of India has initiated an e-NAM project to set up a National Agri Market. Agri futures have been developed by NCDEX over the last 13 years. How can we build an effective market structure that integrates NAM, SAM, Futures seamlessly?

Date: June 9, 2016
Time: 04:00 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

1 comment:


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