The Committee to suggest steps for fulfilling the objectives of Price-discovery and Risk Management of Commodity Derivatives Market
In December 2013, the Ministry of Finance, had set up a committee to suggest steps to fulfill the objectives of price discovery and risk management in commodity futures markets with Shri D.S.Kolamkar as the chairperson. The objective of the committee was:
- To examine whether, after over a decade of liberalization of legal/regulatory framework and reforms in exchange architecture, the commodity futures market has fulfilled the basic objectives of price-discovery and price-risk management,
- If not, what are the constraints which impede the futures market from achieving these objectives, and,
- To suggest ways to remove the constraints.