Profit

Left seeks ban on commodity futures trade

PUBLISHED ON: July 24, 2006

   
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Less than two years after start-up, India's commodity futures markets trade an average of Rs 20,000 crore everyday and about Rs 2500 crore of those trades are in things like sugar, rice, wheat and pulses. It has taken only three months of rising grain and dal prices for India's politicians to crack down on the fast growing market. The Left wants futures trades in essential commodities to be banned.
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