The Government has constituted an expert
committee consisting of 11 members, to examine the various issues related to
rubber futures trading and make suitable recommendation accordingly, under the
chairmanship of Prof. K.K. Abraham, President, Pala Marketing Co-operative
Society.
The study would be relating to examine the
restriction on the daily volatility of rubber prices from 4% to 1% or 2% and
study the transparency in the conduct of futures trading. The study term of the
committee has been fixed as three months; it would be further extended to six
months. The committee has decided to inform all the stake holders and invite
their views in this regard.
Read
lot more in Rubber4U – 1st August 2012 issue
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