Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Updates Guidelines for Fund Use to Boost Farmer Participation in Commodity Derivatives Markets; Immediate Implementation Required.</h1> The Securities and Exchange Board of India (SEBI) has issued additional guidelines for utilizing a fund created from regulatory fees forgone to encourage farmers and Farmer Producer Organizations (FPOs) to participate in agricultural commodity derivatives markets. Due to low participation and the pandemic, the fund remains underutilized. SEBI now permits stock exchanges to use the fund for reimbursing mandi taxes, assaying, cleaning, storage, transportation charges, incentivizing options premiums, and clearing corporation fees. Exchanges must revise their action plans for fund utilization, disclose fund details monthly, and include them in their Monthly Development Report. These provisions take effect immediately.