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Is the concept of trading in commodities futures new in India?

April 26, 2017Commodities concept Futures India trading

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Is the concept of trading in commodities futures new in India?

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No. Commodity futures market was very much there in earlier times in India. In fact it was one the most vibrant markets till the early 70s). But due to numerous restrictions the market could not develop further. Now most of these restrictions have been removed, allowing for the development and growth of the commodity futures market in the country.

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No. Commodity futures market was very much there in earlier times in India. In fact it was one the most vibrant markets till the early 70’s. But due to numerous restrictions the market could not develop further.