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Government Calls for Public Feedback/Comments on the Report of the Working Group on Road Map and Structure for a Common Clearing System for all Commodity Exchanges in the Country

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....overnment Calls for Public Feedback/Comments on the Report of the Working Group on Road Map and Structure for a Common Clearing System for all Commodity Exchanges in the Country <br>News and Press Rel....

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....ease<br>Dated:- 24-12-2014<br><BR>The Government of India is in the process of strengthening the clearing and settlement system for commodity future trading in the country. As a part of this process, ....

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....Department of Economic Affairs vide its order dated 10th June 2014 had set-up a Working Group to prepare a road map and structure for a common clearing system for all commodity exchanges in the countr....

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....y in order to reduce transaction cost of market participants as well as to strengthen the risk management systems. The Working Group has submitted its Report to the Department. As a part of the trans....

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....parency enhancing mechanism and therefore, to obtain public comments, the Report of the Working Group has been hosted on the website of the Ministry of Finance at http://finmin.nic.in as well as MyGov....

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.... Platform. Feedback/comments on the said Report may be sent to Shri Lekhan Thakkar, Director(D), Commodity Derivatives Markets Division, Department of Economic Affairs, Ministry of Finance at lekhan.....

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[email protected] within 30 days from the date of uploading of this Press Release on the website of this Ministry.<BR> News - Press release - PIB....