 "sebi")
The new managing director and chief executive officer of the National Commodity and Derivatives Exchange (NCDEX), Vijay Kumar, has assumed office at a time when the commodities market is set to enter a phase of heightened activity.
Two weeks after his taking over, Finance Minister Arun Jaitley presented the Budget, in which he stressed the importance of commodity futures and options and developing an institutional mechanism for farmers to benefit from them and warehousing.
The NCDEX has developed good connections with farmer organisations and made them hedge on its platform.
The Securities and Exchange Board of India (Sebi) is taking
