GOVERNMENT OF INDIA

FORWARD MARKETS COMMISSION

MINISTRY OF FINANCE

DEPARTMENT OF ECONOMIC AFFAIRS

FMC Bulletin

January 2015 – March 2015

EVEREST, 3RD FLOOR. 100, MARINE DRIVE,

MUMBAI 400 002

INDEX

Ch. No. Subject Pg. No.

1 Foreword 1

2 Commodity Market Review at a Glance 2

3 Important Developments in the Commodity Market 3

4 Developmental Activities 9

5 Performances of the Exchanges in the Commodity Market

i) Multi Commodity Exchange of India Ltd., Mumbai 10

ii) National Commodity & Derivatives Exchange Ltd., Mumbai

15

iii) National Multi Commodity Exchange of India Ltd., Ahmedabad

21

iv) ACE Derivatives & Commodity Exchange Ltd., Mumbai

25

Annexure

Sr. No. Subject Pg. No.

I List of commodities notified under section 15 of the

FCRA 1952.

27

II List of Recognized Commodity Exchanges 29

III Volume and value of commodities traded 30

IV Details of permissions granted to Recognized

Exchanges

31

V Details of Capacity Building Programms conducted 32

VI State wise details of Awareness programms conducted 35

1

1. FOREWORD

Forward Markets Commission regulates forward trading in 113 commodities at the 12 Recognized

Commodity Exchanges, of which 6 are National Commodity Exchanges and 6 are Commodity Specific

Regional Exchanges.

During the quarter under review i.e., January to March 2015, the total value of trade was ₹16.09 lakh crore

as against ₹18.98 lakh crore during the corresponding period last year. Food items viz. Chana, Refined Soya

Oil, Jeera and Rape/Mustard seed contributed major share to the total value of trade in Agricultural

Commodities. In Non-food items, Castor seed and Guar seed contributed major share in the commodity

futures trading. During the period, the value of trade in Bullion was ₹5.74 lakh crore and in Metals (other than

Bullion) it was ₹3.27 lakh crore. Value of trade in Agriculture Commodities and Energy Products amounted

to ₹2.21 lakh crore and ₹4.87 lakh crore respectively. The total value of trade at the National Multi Commodity

Exchanges was ₹16.05 lakh crore and at the Commodity Specific Exchanges, it was ₹0.04 lakh crore.

During the quarter, the Commission undertook a number of measures to promote efficient functioning of the

Commodity Futures Market and to improve transparency in the market. As a result of the Commission’s

regulatory interventions to prevent market manipulation, large scale physical deliveries on the exchange

platform in Coriander and Castor seed were recorded in terms of quantity and value.

The Commission has been proactively encouraging physical deliveries on the Exchange platform to provide

risk free trading facilities to physical market participants. In this regard, the Commission granted approval to

NMCE, Ahmedabad for the auction based NTSD and TSD Forward contracts in 23 commodities.

Since the spread margin benefits are useful in providing greater liquidity to the market without compromising

on risk management, the Commission gave its approval for enhanced spread margin benefits.

The Commission made KYC form of the Commodity Derivatives Market identical to that prescribed by the

Securities and Exchange Board of India (SEBI) for the securities market, to enable uniform KYC registration

process in the two markets. A circular was issued to all Exchanges to enable all participants of Commodity

Market to avail services of KRAs for client registration and uploading and downloading of client data. This will

facilitate clients of commodity market to register and avoid duplication of paper work with various

intermediaries. Exchanges were also directed to conduct awareness campaigns all over the country in a time

bound manner to ensure proper and timely implementation of the KRA system.

In the Union Budget 2015-16, an announcement has been made to merge Forward Markets Commission with

SEBI. To operationalise the Budget Announcement, the Ministry has constituted a Committee under the

Chairmanship of Additional Secretary, DEA, Ministry of Finance, to prepare a road map and to work out

details for merging FMC with SEBI.

The Commission continued to undertake various developmental activities under the plan scheme

“Strengthening of FMC”, such as conducting awareness programmes, capacity building programmes and the

Price Dissemination Project for the benefit of all stakeholders. During the quarter, 356 awareness

programmes and 46 capacity building programmes were conducted.

2

2. COMMODITY MARKET REVIEW AT A GLANCE

Forward Markets Commission regulates forward trading in 113 commodities (Annexure I) at the 12

Recognized Commodity Exchanges, of which 6 are National Commodity Exchanges and 6 are Commodity

Specific Regional Exchanges (Annexure II).

During the period under review (January to March 2015), the total value of trade in all commodities traded

at the recognized Exchanges was ₹16.09 lakh crore as against ₹ 15.77 lakh crore during the previous

quarter (October to December 2014) and ₹18.98 lakh crore during the corresponding period of last year.

The four national commodity Exchanges contributed 99.75 % of the total value of trade in the commodity

futures market. These are MCX Mumbai (87.48 %), NCDEX Mumbai (11.51 %), NMCE Ahmedabad (0.72

%) and ACE Mumbai (0.04%).

The following table indicates the total volume and value of trade during the quarter January to March 2015

in the major commodity Exchanges.

Name of Exchange Volume of Trade

(In lakh tons)

Value (₹ in

crore)

% share (In

value terms)

Multi Commodity Exchange of India

Ltd., Mumbai (MCX)

1967.25 1407319.94 87.48

National Commodity & Derivatives

Exchange Ltd., Mumbai (NCDEX)

395.59 185197.32 11.51

National Multi Commodity Exchange of

India Ltd., Ahmedabad (NMCE)

27.28 11524.79 0.72

ACE Derivatives & Commodity

Exchange Ltd., Mumbai (ACE)

0.81 718.90 0.04

Total of National Exchanges 2390.93 1604760.96 99.75

Regional Exchanges 10.66 4016.38 00.25

Grand total 2401.59 1608777.34 100.00

Note: Natural Gas volumes are not included in the Total Volume.

It is seen from Annexure III that the major commodity groups traded in the commodity futures market were

Bullion, Energy, Metals and Agriculture (Food and Non-Food Items). In Agricultural commodities the major

contribution to the total value of trade was from Chana, Refined Soya Oil, Castor seed, Guar seed, Jeera,

and Rape/Mustard seed.

3

3. IMPORTANT DEVELOPMENTS IN THE COMMODITY FUTURES MARKETS

3.1 Revision in the Regulatory Measures:

3.1.1 Regulatory Interventions in Coriander contracts and Castor seed contracts:

The Commission had observed abnormal volatility in prices and build up of Open Interest (OI) in

Castor seed and Coriander contracts traded at National Commodity & Derivatives Exchange Ltd

(NCDEX) platform. After detailed analysis, directions were issued by the Commission to the

exchange to advance the staggered delivery in these commodities with effect from 29-12-2014

instead of 11th January, 2015 and pre expiry margins were imposed with effect from 26-12-2014,

in a progressive and linear manner every day so that buyers and sellers pay cumulative margins

equal to 100% of the value of the contract as margin on the contract expiry date.

As a result of the above directions, Castor seed stocks which were 2.05 lakh MTs on 19th

December, 2014 increased to 4.30 lakh MT (Valued at approx. ₹ 2100 Crores) as on 19th January,

2015 which is the highest ever stock deposited at the exchange accredited warehouses. Delivery

of 2.03 lakh MTs (valued at ₹ 947.95 Crores) was executed in Castor seed January contract at

NCDEX. This is the highest ever recorded delivery executed in any agri-commodity on the

Exchange platform in terms of quantity and value.

Similarly, Coriander stocks were at 6923 MTs as on 19th December, 2014 which increased to 10858

MTs as on 19th January 2015. Delivery of 8230 MT (valued at ₹ 94.98 Crores) was executed in

Coriander January contract at NCDEX.

This pro-active intervention of FMC to prevent market manipulation in these commodities sent out

a strong message that any attempt at manipulation in the commodity futures market will not be

tolerated. The above large scale physical deliveries on the exchange platform are also a clear

indication of the healthy participation of physical market players in commodity exchanges and the

effective hedging opportunities on this platform.

3.1.2 Approval for forward trade in 23 commodities:

The Commission has been encouraging physical deliveries on the Exchange platform to provide

risk free trading facilities to physical market participants. In this regard, the Commission on 30th

January 2015, granted approval to NMCE, Ahmedabad for the following auction based NTSD and

TSD Forward contracts:

(i) Forward Auction: A selling proposition where Bidders are Buyers:

a) English / Fixed Quantity Auction - An ascending auction where successive bids are

higher than the previous bids. Buyers just bid the price, quantity doesn't change.

4

b) Fixed Price Auction: An auction where an auctioneer decides and fixes the price before

the auction starts. Buyer just bid the quantity whereas price is fixed and not allowed to

change.

(ii) Reverse Auction: A buying proposition where Bidders are Sellers.

a) Open Bid Fixed Quantity Auction: A descending auction where successive

bids are lower than the previous bids. Sellers just bid the price, quantity doesn't change.

b) Fixed Price Auction – An auction where auctioneer decides and fixes the price before

auction starts. Sellers just bid the quantity, price doesn’t change.

The above auction based NTSD and TSD Forward contracts are permitted for the year 2015 in the

23 commodities viz Rubber, Castor Seed, Chana, Isabgul, Jute, Sacking, Copra, Pepper, Coffee,

Rapeseed, Cardamom, Tea, Sugar, Guar Seed, Guar Gum, Onion, Jeera, Ginger, Garlic, Potato,

Wheat, Soya Bean and Cotton. Members are allowed to switch their 'Unused Collateral/Deposits'

between the Futures and Forwards either partially/fully.

Initial Margin is also allowed to be submitted in the form of cash/ non-cash collateral/ EMD.

3.1.3 Removal of additional margin on Castor seed contracts:

Since the stock of Castor Seed in the Exchange accredited Warehouses had increased and the

arrival season in Castor Seed started from February, the Commission on 24th February, 2015

issued directions to NCDEX, ACE and NMCE for removal of the additional margin of 5% (non-cash)

on both long and short side of Castor seed contracts w.e.f. the beginning of trading day 25th

February, 2015.

3.1.4 Live trading on 28th February, 2015 (Saturday):

The Commission on 25th February, 2015 decided to allow all Commodity Exchanges to remain

open for trading between 10.00 am and 5.00 pm on 28th February, 2015 on the occasion of

presentation of Union Budget.

3.1.5 Increase in spread margin benefits:

The Commission had reviewed the spread margin benefits granted earlier to the market participants

to the extent of 50% in case of (a) different month contracts of the same underlying commodity and

(b) two contract variants having the same underlying commodity. In this regard, the representations

received from the Exchanges and other market participants for hike in the spread margin benefits

were examined by the Commission. Since the spread margin benefits are useful in providing

greater liquidity to the market without compromising on risk management, the Commission on 17th

March, 2015 had conveyed its approval for increase in the spread margin benefits from the level of

50% to 75%.

5

3.2 Appointment of Independent Directors on the Board of the national multi commodity

Exchanges:

• The Commission, on 6th January, 2015 conveyed the approval of the Commission to the

appointment of Mr. Kamal Kumar Verma representing M/s Indian Farmers Fertilizer Cooperative

Limited (IFFCO), as Shareholder Director on the Board of the UCX, Navi Mumbai as per the

provision in Clause 1.2 & 4.1 of the Revised Norms dated 11th June, 2014 for constitution of the

Board of Directors, Nomination and Role of Independent Directors and appointment of Chief

Executives at the Nationwide Multi Commodity Exchanges in India till the next Annual General

Meeting.

• On 28th January, 2015, approval of the Commission was conveyed for the appointment of Mr.

Hemang Raja, Independent Director on the Board of ACE, Ahmedabad as Chairperson of the

Board of Directors of the Exchange as per the provision in Clause 1.4 of the Revised Norms dated

11th June, 2014 for constitution of the Board of Directors, Committees, Nomination and role of

Independent Directors and appointment of Chief Executives at the Nationwide Multi Commodity

Exchanges, till the next Annual General Meeting.

• On 28th January, 2015, approval of the Commission was conveyed for the re-appointment of Mr.

Anil Kumar Mishra as Managing Director & CEO of NMCE, Ahmedabad for a period from 9th

February, 2015 to 8th February, 2018 and also for the proposed remuneration payable for the period

of one year i.e. 9th February, 2015 to 8th February 2016 of the Managing Director and CEO.

• The Commission, on 4th March, 2015 conveyed the approval of the Commission to the appointment

of Mrs. Naina Krishna Murthy as Independent Director on the Board of National Commodity &

Derivatives Exchange Ltd, (NCDEX), Mumbai, as per the provision given in sub-paragraph 1.1 (ii)

of the Revised Norms dated 11th June, 2014 for constitution of Board of Directors, Committees,

Nomination and Role of Independent Directors and appointment of Chief Executives at the

Nationwide Multi Commodity Exchanges. The appointment would be valid up to 31st March, 2018.

• The Commission, on 23rd March,2015 approved the appointment of Mr. Rabi Narayan Das as

Independent Director under section 6 (2) (b) of the Forward Contracts (Regulation) Act, 1952 on

the Board of National Commodity & Derivatives Exchange Ltd.,(NCDEX), Mumbai for a period from

1st April, 2015 to 31st March, 2018.

3.3 Appointment of Independent Directors on the Boards of the Regional Commodity Exchanges:

• The Commission, on 28th January, 2015 conveyed its approval to the appointment of Mr. Akhil

Kumar Agarwal as Co-opted Director on the Board of the Chamber of Commerce, Hapur under

Article 41 (b) of the Articles of Association of the Exchange. The tenure of the appointment of Mr.

Akhil Kumar Agarwal is for two terms of one year each with effect from 31st January, 2015 up to

31st January, 2017.

6

• The Commission, on 12th March, 2015 conveyed the approval of the Commission to the

appointment of i) Dr. Ram Avatar Tyagi, and ii) Shri Vipul Agarwal as Independent Directors under

Article 41 (e) of the Articles of Association of Chamber of Commerce, Hapur for a period up to 31st

March, 2016.

3.4 Improvement of Market Monitoring and Surveillance:

The Commission monitors the day-to-day trading developments that take place in the national

exchanges and for this, calls for information in the prescribed formats. The Commission reviewed

the earlier formats and re-designed 5 new formats and asked the Exchanges to forward the

information about the trading details in new formats on T+1 basis. The formats are designed in

such a way that it would give full picture of trading that has taken place at micro level, and facilitate

the day to day regulation.

3.5 Common / Uniform client registration form:

The Commission on 26th February, 2015 issued a circular making KYC form of the Commodity

Derivatives Market identical to that prescribed by the Securities and Exchange Board of India

(SEBI) for the securities market. This was done to enable uniform KYC registration process in the

two markets to make it easier for clients to register for trading and to avoid duplication of paper

work with various intermediaries.

3.6 Amendment to Revised Guidelines for Investor Protection Fund (IPF):

The Commission on 20th February, 2015 amended the Guidelines for Investor Protection Fund,

(IPF) deleting the provision of nomination of an official of FMC as a trustee in IPF as the IPFs

created by the Exchanges have been functioning smoothly since these were set up over 2 years

back.

3.7 Issues relating to Multi Commodity Exchange of India Ltd., (MCX) Mumbai:

The Commission vide its letters dated 26th February, 2015 approved the proposals received from

Reliance Mutual Fund and Axis Mutual Fund for acquisition up to 5 % of equity share capital of

MCX, subject to the condition that, the companies will file declarations within fifteen days from the

end of every financial year to MCX that the companies comply with the fit and proper criteria as

mentioned in clause 8(6) of the Revised Norms dated 6th May, 2014, issued by the Commission.

3.8 Issues relating to Universal Commodity Exchange Ltd (UCX), Navi Mumbai:

The Commission vide its letter dated 20th February, 2015 has directed UCX to refund trade margin

money (TMC) to all the registered members without delay. However, in the case of members /

brokers with regard to whom certain adverse observations have been made in the forensic audit

report, refund to be done only after scrutiny and approval of the Board.

7

3.9 KRA system:

i. A circular dated 13.03.2015 was issued to all National Exchanges and KYC Registering Authorities

(KRAs) to enable all participants of Commodity Market to avail services of KRAs for client

registration, uploading and downloading of client data. This will facilitate clients of commodity

market as it will make it easy for the participants of the commodities market to register and avoid

duplication of paper work with various intermediaries. Guidelines for new clients, existing clients

and KRA’s have been provided. The KRA system were made available to the new participants

from 1.04.2015. However, for existing clients the procedure should be completed by 1.12.2015.

ii. A circular dated 17.03.2015 was issued to all National Commodity Exchanges directing them to

conduct awareness campaigns all over the country in a time bound manner to ensure proper and

timely implementation of the KRA system.

3.10 In the Union Budget 2015-16, an announcement has been made to merge Forward Markets

Commission (FMC) with Securities and Exchange Board of India (SEBI).To operationalise the

Budget Announcement, the Ministry has constituted a Committee under the Chairmanship of

Additional Secretary, DEA Ministry of Finance, to prepare a road map and to work out details for

merging FMC with SEBI. The Committee consists of the representatives of the Ministry, SEBI and

FMC. The first meeting of the Committee was held on 26th March, 2015 at New Delhi which was

attended by representatives of the Ministry, SEBI, FMC and NIPFP.

3.11 Inspect the books of accounts of the Members:

The Commission has been inspecting the books of accounts of the Members of the National

Exchanges on a regular basis. During the quarter i) 70 audit reports were received from the Auditors

ii) 64 audit reports were sent to the Exchanges for follow up action on non-compliances observed

iii) 165 audit reports were scrutinized and iv) Action were completed in 79 audit reports

3.12 Membership registration

The total number of members registered from 1st January, 2015 to 31st March, 2014 was 11.

Members declared as surrendered/ deactivated/ suspended by the Commodity Exchange(s) during

the above period are 176. The total number of registered members as on 31st March, 2015 stands

at 5184.

3.13 Attending to Client Complaints/ Grievances

The Commission receives complaints from the clients of the members registered with recognized

exchanges. The complaints are mostly of the nature of unauthorized trades (trade without consent

of the client) in client’s account by member, contract notes/account statements not issued by the

member to the client, mis-utilization of client’s funds entrusted with the member, portfolio

management services offered by the member etc. The complaints are taken up with respective

exchanges for speedy disposal of the complaints. During the quarter 49 complaints were received

and 136 complaints in which action was complete were closed.

8

3.14 Enforcement Action:

As per Rule 13 of the FC(R) Rules 1954, the Commission is required to communicate information

in respect of the commission of any offence under the Act to the concerned authorities. During the

period, 3 complaints were forwarded under Rule 13 of FC(R) Rules 1954, to the respective State

Police authorities.

3.15. Court Cases and Legal Matters:

While discharging the regulatory functions, especially enforcement functions, the Commission had

been engaged in litigation with different parties/entities. The Commission and / or the Union of India

have been impleaded as respondent(s) in various court cases filed in the Supreme Court of India

and various High Courts / Tribunals. Significant / noteworthy developments in court cases during

the quarter are given below:

i. The SLP No. (CC) 20184 of 2014 filed by Financial Technologies (India) Limited before the Hon’ble

Supreme Court of India against the Bombay High Court Orders in WP/337/2014 in the matter of Fit

and Proper Order passed by FMC came up for hearing on 6th February, 2015. The Hon’ble

Supreme Court, after a detailed hearing and on request of the Petitioner, was pleased to dismiss

the said SLP as withdrawn.

ii. The Ministry of Corporate Affairs filed a Notice of Motion in Writ Petition No. 2743 of 2014 filed by

FTIL and 3 others before the Hon’ble Bombay High Court in the NSEL-FTIL amalgamation matter.

The Hon’ble Bombay High Court after a detailed hearing of the Notice of Motion on 04-02-2015

vacated the status quo order passed on 27-11-2014 in the matter, and directed that Petitioners and

all other interested parties may file their objections within thirty days and within four weeks

thereafter Central Government may pass appropriate order after giving brief hearing to all the

interested parties.

iii. The Hon’ble High Court of Kerala pronounced its final judgment on 29-01-2015 in WP/19880/2011

and WP/1289/2011 filed by First Commodities Exchange of India Limited (FCEI) and two others

Vs. Union of India, through the Ministry of Corporate Affairs, FMC and others. The Hon’ble Kerala

High Court, vide the said detailed order, was pleased to uphold the authority of FMC to issue

directions under FCR Act 1952 and the Commission’s directions given to FCEI on 11-07-2011 for

induction of three persons/ shareholders on the board of FCEI.

iv. The WP/337/2014 filed by FTIL Vs. FMC, before the Hon’ble Bombay High Court, challenging Fit

and Proper order dated 17th Dec. 2013 passed by the Commission came up for hearing on 17th

March, 2015. During the hearing Hon’ble Court considered the request of the Commission for

permission to file additional affidavit and the matter is posted for hearing on 15th June, 2015

9

4. DEVELOPMENTAL ACTIVITIES

The Forward Markets Commission, in addition to regulating the commodity futures market, also

took the following proactive steps to ensure that the commodity futures markets are broad based

and its benefits reach all the stakeholders of the Commodity Markets.

4.1 Capacity Building Programme:

The Commission organizes Capacity Building programmes for market stakeholders, officers of the

Central and State Governments engaged in policy making, educational institutions with focus on

agricultural universities, management institutes, financial institutions, banks, cooperatives and

warehousing sectors to sensitize them about the roles to be played by them for the development

of the commodity futures market. During January to March 2015, the Commission conducted 46

Capacity Building Programmes details of which are given in Annexure V.

4.2 Awareness Programmes:

The Forward Markets Commission conducts awareness programmes for all the stakeholders of the

commodity derivatives market, such as members of commodity exchanges and their clients,

prospective participants in the commodity derivatives market, physical market stakeholders in the

agricultural, metals, bullion and energy sectors, especially farmers; grass-root level functionaries

and extension service providers in the agriculture sector, educational institutes, etc. During the

quarter, 356 awareness programmes were conducted across the country. Out of 356 awareness

programmes, 184 programmes were conducted for farmers and 172 for others. The details of

awareness programmes organized during the period under review is given in Annexure VI.

10

5. PERFORMANCE OF THE EXCHANGES IN THE COMMODITY MARKET

I. Multi Commodity Exchange of India Ltd., Mumbai (MCX)

During the quarter Crude Oil, Gold, Silver, Copper, Natural Gas, Zinc, Nickel, Lead, Aluminum

contracts constituted a major share of the value of commodities traded at MCX, Mumbai. The

following table and the pie –chart indicates the % share of major commodities traded at MCX,

Mumbai during the period under review.

Commodities Total Value (In ₹ Crores)

% share to the total value

Crude Oil 396,514 28.18% Gold 329,810 23.44% Silver 237,236 16.86% Copper 122,788 8.72% Natural Gas 90,013 6.40% Zinc 61,524 4.37% Nickel 58,237 4.14% Lead 49,017 3.48% Aluminium 35,119 2.50% Total of major commodities 1,380,259 98.08% Other commodities 27,061 1.92% Total 1,407,320 100.00%

* All variants of a commodity are considered.

Graphical presentation showing the percentage share of above Commodities / Contracts is given

in the following diagram.

CRUDE OIL

28%

GOLD

23%

SILVER

17%

COPPER

9%

NATURAL GAS

6%

ZINC

4%

NICKEL

4%

LEAD

4%ALUMINIUM

3%

OTHER

COMMODITIES

2%

PERCENTAGE SHARE OF THE VALUE OF THE COMMODITIES TRADED AT MCX, MUMBAI DURING JANUARY 2015 TO MARCH 2015

11

Graphical presentation of ready and futures prices of nine major commodities Crude Oil, Gold, Silver,

Copper, Natural Gas, Zinc, Nickel, Lead, Aluminium at MCX, Mumbai during the period under review

is provided below.

CRUDE OIL

GOLD

2500

2700

2900

3100

3300

3500

3700

3900

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r B

arr

el

Spot and Futures Prices of Crude Oil at MCX, Mumbai

Ready Price 16 Jan 2015 19 Feb 2015 19 Mar 2015 20 Apr 2015

18 May 2015 19 Jun 2015 20 Jul 2015 19 Aug 2015 21 Sep 2015

25000

26000

27000

28000

29000

30000

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r 1

0 g

ram

s

Spot and Futures Prices of Gold at MCX, Mumbai

Ready Price 05 Feb 2015 03 Apr 2015 05 Jun 2015

05 Aug 2015 05 Oct 2015 04 Dec 2015 05 Feb 2016

12

SILVER

COPPER

35000

36000

37000

38000

39000

40000

41000

42000

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Silver at MCX, Mumbai

Ready Price 05 Mar 2015 05 May 2015 03 Jul 2015

04 Sep 2015 04 Dec 2015 04 Mar 2016

300

320

340

360

380

400

420

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Copper at MCX, Mumbai

Ready Price 27 Feb 2015 30 Apr 2015 30 Jun 2015 31 Aug 2015

13

NATURAL GAS

ZINC

150

160

170

180

190

200

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r m

mB

TU

Spot and Futures Prices of Natural Gas at MCX, Mumbai

Ready Price 27 Jan 2015 24 Feb 2015 26 Mar 2015

27 Apr 2015 26 May 2015 25 Jun 2015

120

125

130

135

140

145

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Zinc at MCX, Mumbai

Ready Price 30 Jan 2015 27 Feb 2015 31 Mar 2015

30 Apr 2015 29 May 2015 30 Jun 2015 31 Jul 2015

14

NICKEL

LEAD

800

850

900

950

1000

1050

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Nickel at MCX, Mumbai

Ready Price 30 Jan 2015 27 Feb 2015 31 Mar 2015

30 Apr 2015 29 May 2015 30 Jun 2015 31 Jul 2015

105

110

115

120

125

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Lead at MCX, Mumbai

Ready Price 30 Jan 2015 27 Feb 2015 31 Mar 2015

30 Apr 2015 29 May 2015 30 Jun 2015 31 Jul 2015

15

ALUMINIUM

II. National Commodity and Derivatives Exchange, Ltd., Mumbai (NCDEX)

During the quarter Chana, Soya Oil, Castor seed, Guar seed 10, Jeera, Coriander, Soya bean,

Turmeric, RM Seed and Guar gum constituted a major share of the value of commodities traded at

NCDEX, Mumbai. The following table and the pie-chart indicates the % share of major commodities

traded at NCDEX, Mumbai during the period under review.

Commodities Total Value (In ₹ Crores)

% Share of the Total Value

Chana 32,270.61 17.42

Soya Oil 29,073.94 15.70

Castor Seed 18,371.90 9.92

Guarseed10 16,723.48 9.03

Jeera 16,413.29 8.86

Coriander 12,616.05 6.81

Soya bean 11,843.47 6.40

Turmeric 11,314.79 6.11

RM Seed 10,526.83 5.68

Guar Gum 6,283.70 3.39

Total of major commodities 165,438.05 89.33

Other Commodities 19,759.27 10.67

Total 185,197.32 100.00

105

110

115

120

2-J

an

-15

9-J

an

-15

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

6-F

eb

-15

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

6-M

ar-

15

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

Rs.

pe

r K

g

Spot and Futures Prices of Aluminium at MCX, Mumbai

Ready Price 30 Jan 2015 27 Feb 2015 31 Mar 2015

30 Apr 2015 29 May 2015 30 Jun 2015 31 Jul 2015

16

Graphical Presentation of ready and future prices of ten major commodities Chana, Soya Oil, Castor seed,

Guarseed10, Jeera, Coriander, Soya bean, Turmeric, RM Seed and Guar gum at NCDEX, Mumbai during

the period under review is given below:

CHANA

CHANA17.42%

SOYA_OIL15.70%

CASTOR_SEED_NEW

9.92%

GUARSEED109.03%

JEERA8.86%

CORIANDER6.81%

SOYABEAN6.40%

TURMERIC6.11%

RMSEED5.68%

GUAR_GUM3.39%

Other Commodities10.67%

PERCENTAGE SHARE OF THE VALUE OF THE COMMODITIES TRADED AT NCDEX,MUMBAI DURING JANUARY 2015 TO MARCH 2015

3200

3375

3550

3725

3900

₹ P

ER

100

KG

SPOT & FUTURES PRICES OF CHANA TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Apr-2015

20-May-2015 19-Jun-2015 20-Jul-2015

17

SOYA OIL

CASTOR SEED

520540560580600620640660680700

₹ P

ER

10

KG

SPOT & FUTURES PRICES OF SOYA OIL T RADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Apr-2015

19-Jun-2015 20-Aug-2015 20-Oct-2015

3500

3875

4250

4625

5000

₹ P

ER

100

KG

SPOT & FUTURES PRICES OF CASTORSEED TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Mar-2015

20-Apr-2015 20-May-2015 19-Jun-2015 20-Jul-2015

18

GUARSEED 10

JEERA

3600

3925

4250

4575

4900

₹ P

ER

100

KG

SPOT & FUTURES PRICES OF GUARSEED TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Mar-201520-Apr-2015 20-May-2015 19-Jun-2015 20-Jul-2015

₹ P

ER

100

KG

SPOT & FUT URES PRICES OF JEERA TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Mar-201520-Apr-2015 20-May-2015 19-Jun-2015 20-Jul-2015

19

CORIANDER

SOYA BEAN

6000

7500

9000

10500

12000

₹ P

ER

100

KG

SPOT & FUTURE PRICES OF CORIANDER TRADED AT NCDEX

SPOT 20-Jan-2015 20-Apr-201520-May-2015 19-Jun-2015 20-Jul-2015

3100

3250

3400

3550

3700

₹ P

ER

100

KG

SPOT & FUTURE PRICES OF SOYABEAN TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Apr-2015

19-Jun-2015 20-Aug-2015 20-Oct-2015

20

TURMERIC

RM SEED

7500

8050

8600

9150

9700

₹ P

ER

100

KG

SPOT & FUTURE PRICES OF T URMERIC TRADED AT NCDEX

SPOT 20-Apr-2015 20-May-2015 19-Jun-2015 20-Jul-2015

3200

3500

3800

4100

4400

₹ P

ER

100

KG

SPOT & FUTURE PRICES OF RM SEED TRADED AT NCDEX

SPOT 20-Jan-2015 20-Apr-201520-May-2015 19-Jun-2015 20-Jul-2015

21

GUAR GUM

III. National Multi Commodity Exchange, Ahmadabad (NMCE)

During the quarter Chana, Copra, Rape/Mustard seed, Castor seed and Raw Jute constituted a

major share of the value of commodities traded at NMCE, Ahmedabad. The following table and the

pie-chart indicate the percentage share of major commodities traded at NMCE, Ahmedabad during

the period under review.

Commodities Total Value (in ₹ crore)

% share to the total value

Chana 2542.66 22.06 Copra 2416.08 20.96

Rape/Mustard seed 2336.45 20.27 Castor seed 1749.31 15.18 Raw Jute 1772.75 15.38 Total of major commodities 10817.25 93.86 Others 707.54 6.14

Total 11524.79 100.00

8000

9175

10350

11525

12700

₹ P

ER

100

KG

SPOT & FUTURE PRICES OF GUARGUM TRADED AT NCDEX

SPOT 20-Jan-2015 20-Feb-2015 20-Mar-2015

20-Apr-2015 20-May-2015 19-Jun-2015 20-Jul-2015

22

Graphical presentation of ready and futures prices of five major commodities viz. Chana, Copra,

Rape/Mustard seed, Castor seed and Raw Jute at NMCE, Ahmedabad during the period under review is

given below.

Chana22.06%

Copra20.96%

Rape/Mustard seed20.27%

Castorseed15.18%

Raw Jute15.38%

Others 6.14%

PERCENTAGE SHARE TO THE TOTAL VALUE OF THE COMMODITIES TRADED AT NMCE., AHMEDABAD

DURING JANUARY 2015 TO MARCH 2015

Chana Copra Rape/Mustard seed Castorseed Raw Jute Others

3200.00

3300.00

3400.00

3500.00

3600.00

3700.00

3800.00

02

-Ja

n-1

5

09

-Ja

n-1

5

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

06

-Fe

b-1

5

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

06

-Ma

r-1

5

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

₹ P

ER

10

0 K

G

SPOT AND FUTURE PRICES OF CHANA AT NMCE, AHMEDABAD.

Spot Jan-15 Feb-15 Apr-15 May-15 Jun-15

23

9300.00

9400.00

9500.00

9600.00

9700.00

9800.00

9900.00

10000.00

10100.00

10200.00

10300.00

10400.00

10500.000

2-J

an

-15

09

-Ja

n-1

5

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

06

-Fe

b-1

5

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

06

-Ma

r-1

5

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

₹

PE

R 1

00

KG

SPOT AND FUTURE PRICES OF COPRA AT NMCE., AHMEDABAD.

Spot Jan-15 Feb-15 Mar-15 Apr-15 May-15

550.00

600.00

650.00

700.00

750.00

800.00

02

-Ja

n-1

5

09

-Ja

n-1

5

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

06

-Fe

b-1

5

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

06

-Ma

r-1

5

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

₹P

ER

20

KG

SPOT AND FURURE PRICES OF MUSTARD SEED AT NMCE., AHMEDABAD.

Spot Jan-15 Apr-15 May-15 Jun-15 #REF!

24

3200.00

3300.00

3400.00

3500.00

3600.00

3700.00

3800.000

2-J

an

-15

09

-Ja

n-1

5

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

06

-Fe

b-1

5

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

06

-Ma

r-1

5

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

₹ P

ER

10

0 K

G

SPOT AND FUTURE PRICES OF CASTORSEED AT NMCE, AHMEDABAD.

Spot Jan-15 Feb-15 Apr-15 May-15 Jun-15

3200.00

3250.00

3300.00

3350.00

3400.00

3450.00

3500.00

3550.00

3600.00

3650.00

02

-Ja

n-1

5

09

-Ja

n-1

5

16

-Ja

n-1

5

23

-Ja

n-1

5

30

-Ja

n-1

5

06

-Fe

b-1

5

13

-Fe

b-1

5

20

-Fe

b-1

5

27

-Fe

b-1

5

06

-Ma

r-1

5

13

-Ma

r-1

5

20

-Ma

r-1

5

27

-Ma

r-1

5

₹ P

ER

10

0 K

G

SPOT AND FUTURE PRICES OF RAW JUTE AT NMCE,AHMEDABAD

Spot Jan-15 Feb-15 Mar-15 Apr-15 May-15

25

IV. ACE Commodities and Derivatives Exchange, Mumbai (ACE)

During the quarter Cotton 118 constituted a major share of the value of commodities traded at ACE,

Mumbai. The following table and the pie-chart indicates the % share of major commodities traded

at ACE, Mumbai during the period January 2015 to March 2015

Commodities Total Value (in ₹ Crore)

% share to the total value

Castor 1.30 0.18%

Cotton 118 717.60 99.82%

Grand Total 718.90 100.00%

Percentage Share of The Value of the Commodities traded at ACE, Mumbai

During January 2015 to March 2015

CASTOR

0.18%

COTTON118

99.82%

26

Graphical presentation of spot and future prices of Cotton 118 and Castor Seed at ACE, Mumbai during

the period January 2015 to March 2015 is given below:

28,000.00

29,000.00

30,000.00

31,000.00

32,000.00

33,000.00

34,000.00

Rs

pe

r ca

nd

y

Cotton

Spot price 20-Jan-15 20-Feb-15 20-Mar-15

20-Apr-15 20-May-15 19-Jun-15 20-Jul-15

-

1,000.00

2,000.00

3,000.00

4,000.00

5,000.00

6,000.00

Rs

pe

r Q

tl

Castor

CASTOR Spot Price CASTOR 20-Jan-15 CASTOR 20-Feb-15 CASTOR 20-Mar-15

27

Annexure I

List of Commodities Notified Under Section 15 of the F.C. (R) Act 1952.

Sr. No. Commodity Sr. No. Commodity

(I) Food Grains and Pulses II Oilseeds and Oils

1 Arhar Chuni 30 Cottonseed Oil

2 Bajra 31 Cottonseed Oilcake

3 Barley 32 CPO Refined

4 Gram 33 Crude Palm Oil

5 Gram Dal 34 Crude Palm Olive

6 Guar 35 Groundnut

7 Jowar 36 Groundnut Oil

8 Kulthi 37 Groundnut Oilcake

9 Lakh (Khesari) 38 Linseed

10 Maize 39 Linseed oil

11 Masur 40 Linseed Oilcake

12 Moth 41 Rapeseed Oil/Mustard Oil

13 Mung 42 Rapeseed Oilcake/ Mustardseed Oilcake

14 Mung Chuni 43 Rapeseed/Mustard seed

15 Mung Dal 44 RBD Palmolein

16 Peas 45 Rice Bran

17 Ragi 46 Rice Bran Oil

18 Rice or Paddy 47 Rice Bran Oilcake

19 Small Millets (Kodan Kulti, Kodra, Korra, Vargu, Sawan, Rala, Kakun, Samai, Vari & Banti)

48 Safflower

20 Tur Dal (Arhar Dal) 49 Safflower Oil

21 Tur(Arhar) 50 Safflower Oilcake

22 Urad (Mash) 51 Sesame (Til or Jiljilli)

23 Urad dal 52 Sesame Oil

24 Wheat 53 Sesame Oilcake

(II) Oilseeds and Oils 54 Soy meal

25 Celery seed 55 Soy Oil ,

26 Copra Oil/Coconut Oil 56 Soybean

27 Copra Oilcake / Coconut Oilcake

57 Sunflower Oil

28 Copra/ Coconut 58 Sunflower Oil cake

29 Copra oil cake/Coconut Oil 59 Sunflower Seed

III Spices (VI) Others

28

Sr. No. Commodity Sr. No. Commodity

60 Aniseed 88 Camphor

61 Betel nuts 89 Castor seed

62 Cardamom 90 Chara or Berseem (including

chara seed or berseem seed)

63 Chillies 91 Crude Oil

64 Cinnamon 92 Gram Husk (Gram Chilka)

65 Cloves 93 Gur

66 Coriander seed 94 Khandsari Sugar

67 Ginger 95 Polymer

68 Methi 96 Potato

69 Nutmegs 97 Rubber

70 Pepper 98 Seedlac

71 Turmeric 99 Shellac

IV Metals 100 Sugar

72 Copper 101 Furnace Oil

73 Zinc 102 Ethanol

74 Lead 103 Cooking Coal

75 Tin 104 Electricity

76 Gold 105 Natural Gas

77 Silver 106 Onion

78 Silver Coins 107 Carbon Credit

(V) Fibers and Manufactures 108 Thermal coal

79 Art Silk Yarn 109 Methanol

80 Cotton Cloth 110 Melted Menthol Flakes

81 Cotton pods 111 Mentha Oil

82 Cotton Yarn 112 Menthol Crystals

83 Indian Cotton (Full pressed,

half pressed or loose)

113 Iron Ore

84 Jute goods (Hessian and

Sackings and cloth and /or

bags, twines and/or yarns

manufactured by any of the

mills and/or any other

manufacturers of whatever

nature made from jute)

85 Kapas

86 Raw Jute Including Mesta

87 Staple Fiber Yarn

29

Annexure II

List of the Exchanges

Sr. No. Name of the Exchanges

A. National Multi Commodity Exchanges

1 Multi Commodity Exchange of India Ltd., Mumbai (MCX)

2 National Commodity & Derivatives Exchange Ltd., Mumbai (NCDEX)

3 ACE Derivatives and Commodity Exchange, Mumbai. (ACE)

4 National Multi Commodity Exchange of India Ltd., Ahmedabad (NMCE)

5 Indian Commodity Exchange Ltd., Mumbai (ICEX)

6 Universal Commodity Exchange Ltd, Navi Mumbai (UCX)

B. Commodity Specific Regional Exchanges

7 The Chamber of Commerce, Hapur

8 Rajkot Commodity Exchange Ltd., Rajkot

9 India Pepper & Spice Trade Association, Kochi

10 Bombay Commodity Exchange Ltd, Mumbai

11 Spices & Oilseeds Exchange Ltd, Sangli

12 Cotton Association of India, Mumbai

30

Annexure III

Volume & Value of Trading in Various Commodities

Sl. No Name of the Commodity Volume (In LT)

Value (In ₹crore)

I Agricultural Commodities Food Items

1 Chana/Gram 97.28 34813.27 2 Refined Soya oil 48.32 29073.94 3 Pepper 0.02 88.76 4 Jeera (Cumin seed) 10.80 16413.29 5 Red Chilli 0.34 290.99 6 Soya bean/seed 34.63 11843.47 7 Rape/Mustard Seed 45.05 15413.16 8 Wheat 1.12 177.36 9 Turmeric 13.28 11314.79

10 Sugar 4.97 1293.70 11 Gur 0.09 22.44 12 Cardamom 0.18 1946.83 13 Maize Feed 2.08 252.20 14 Barey 2.22 259.75 15 Coriander/Dhaniya 16.84 12616.05 16 Crude Palm Oil 22.81 10359.84 17 Copra 2.41 2416.08 18 Bajra 0.01 1.63 (A) Total of Above 302.47 148597.55

Non Food Items 19 Guar seed 41.67 16723.48 20 Mentha Oil 0.86 6683.93 21 Castor seed 53.64 21500.26 22 Guar Gum 6.50 6283.70 23 Kapas 14.39 5473.27 24 Rubber 0.57 707.55 25 Raw jute 5.20 1772.75 26 Cotton seed Oilcake / Kapasia Khali 32.10 4876.52 27 Cotton 9.90 8808.20 (B) Total of Above 164.83 72829.65

(A+ B) Total Agri-Commodities 467.30 221427.19 II Bullion 1 Gold 0.01 335552.53 2 Silver 0.64 238583.81 Total of Bullion 0.65 574136.34

III Metals 162.03 326686.68 IV Energy (excluding Natural gas volume ) 1771.62 486527.13

Grand Total (I to IV) (excluding Natural gas volume ) 2401.59 1608777.34

31

Annexure IV

Details of permissions granted to the Recognized Exchanges

Exchange Commodity Contracts permitted Date of permission

NCDEX, Mumbai

Urad, Tur, Yellow Peas, Yellow Soyabean Meal (Domestic),Pepper, RBD Palmolein and Bajra

Forward Contracts - Non-transferable Specific Delivery (NTSD) and Transferable Specific Delivery (TSD) at Fixed Price

5th January, 2015

Soya bean (2 mt) : Soya bean A

October 2015,November 2015 December 2015, January 2016

23rd January, 2015

Soyabean B February 2015, April 2015, June 2015 and August 2015

Gold (1kg) March 2015, May 2015, July 2015, September 2015 & November 2015

Gold (100 grams) February 2015, March 2015, April 2015, May 2015, June 2015, July 2015, August 2015, September 2015, October 2015, November 2015 and December 2015

Bajra February 2015, March 2015, April 2015, May 2015, June 2015, July 2015, October 2015, November 2015 and December 2015

30th January, 2015

Gold and Silver Forward contracts – Non-transferable Specific Delivery (NTSD) and Transferable Specific Delivery (TSD) at Fixed Price

4th February, 2015

Sugar S April 2015, May 2015, June 2015, July 2015, August 2015, September 2015, October 2015, November 2015 and December 2015

13th March, 2015

Shankar Kapas October 2015, November 2015 & December 2015 and permission for trading on continuous basis was also granted for the contracts expiring in October, November, December, January, February, March and April

26th March, 2015

NMCE, Ahmedabad

Rubber, Castor seed, Chana, Isabgul, Jute, Sacking, Copra, Pepper, Coffee, Rapeseed, Cardamom, Tea, Sugar, Guar seed, Guargum, Onion, Jeera, Ginger, Garlic, Potato, Wheat, Soyabean, Cotton

January 2015 – December 2015 30th January, 2015

COC, Hapur

Mustard seed July 2015 and October 2015 16th March, 2015

IPSTA, Kochi

Pepper-MG 1 July 2015, August 2015 and September 2015

16th March, 2015

32

Annexure V Details of capacity building programmes

Sr. Nos

Name of the Institute/Agricultu

re University

Dates of the programme conducted

Venue of the programme Conducted

Category of participants

1 NABCONS, Mumbai

6-7th Jan.2015

Andhra Pradesh

Bankers

2 IIPM, Bangalore 22-23rd Jan.2015

Karnataka, Bangalore

Graduation & Research scholars at Univ. of Agri., management and other edu. Inst. across the country.

3 VAMNICOM, Pune 12-13th Jan.2015

Inst.campus Pune, Maharashtra

Sr. executives/ managers/ officers from coop. banks viz. SCB’s, DCCBs UCBs

4 Birsa Agricultural University, Ranchi

16-17th Jan.2015

Ranchi, Jharkhand

For scientists, KVK scientists, Dept. officials and bankers

5 Acharya N.G. Ranga Agri. Univ. Hyderabad

6-7th Jan.2015

Hyderabad, Univ. campus, A.P.

For Faculty specialised in finance related areas working in MBA colleges located in twin cities of Hyd. and Secunderabad

6 ICM, Jaipur 7-8th Jan.2015

Jaipur, Rajasthan

Assistant Managers of PACS

7 ICM, Jaipur 9-10th Jan.2015

Jaipur, Rajasthan

Sr. Managers of Sale & Purchase Coop. committee

8 IGICM, Lucknow 19-20th Jan.2015

Lucknow, U.P.

Managers of state Agri. Mktg. Fed.

9 University of Agricultural Science, Raichur, Karnataka

19-20th January, 2015

Univ. campus Scientists of KVK, Agri. Univ. & officers of Dept. of Agri.

10 University of Agricultural Science, Raichur, Karnataka

21-22nd January, 2015

Univ. campus Progressive farmers & Agri. entrepreneur

11 Jharkhand Police, Department, Ranchi

27th January, 2015

Dhanbad Police officers of the rank of Superintendent of Police, DSP and Inspector of police from different districts of Jharkhand

12 VAMNICOM, Pune 22-23rd Jan.2015

Jagannath Puri Orissa

Chairman/ BOD & progressive farmers from coop. banks/sugar coop.& commodity boards/ fed. viz. rubber board, tea board, coffee board & oilseeds fed./ soc.

13 NABCONS, Mumbai

19-20th Jan.2015

Kerala Agri. Univ., Marketing Coop. soc.

14 NABCONS, Mumbai

19-20th Feb.2015

Bihar, Patna Banks, officers of public sector banks, RRBs & SCBs

15 NABCONS, Mumbai

5-6th Feb.2015

Mizoram (NER)

Agri. Univ., Marketing Cooperative societies

16 NIAM, Jaipur 27-28th Feb.2015

Jharkhand, Ranchi

Officers of APMC/KUM

17 NIAM, Jaipur 27-28th Feb.2015

Orissa, Bhubaneswar

Officers of APMC/KUM

18 NIAM, Jaipur, 24-25th Feb.2015

Punjab, Chandigarh

Officers of APMC/KUM

19 IIPM, Bangalore 26-27th Feb.2015

Karnataka, Bangalore

Exporters, Traders & Producers/Produces Ass. Members

20 VAMNICOM, Pune 23-24th Feb.2015

Inst. Campus, Pune, Maharashtra

Board members of coop. Mktg. soc. & APMC, sr. officers of coop. mktg. Soc. Fed., APMC’s spices board/ rubber

33

Sr. Nos

Name of the Institute/Agricultu

re University

Dates of the programme conducted

Venue of the programme Conducted

Category of participants

board, tea board, coffee board & progressive farmers from coop. mktg. soc. &APMC

21 ICM, Jaipur 9-10th Feb.2015

Jaipur, Rajasthan

Sr. Managers of Sale & Purchase Coop. committee

22 MICM, Bhubaneshwar

24-25th Feb.2015

Bhubaneshwar, Orissa

Secretaries/officers of Central Coop. Banks

23 MICM, Bhubaneshwar

26-27th Feb.2015

Bhubaneshwar, Orissa

Officers of OSAM board/secy. of RMC

24 NABCONS, Mumbai

27-28th Feb.2015

Meghalaya (NER)

Marketing Federations of APMC

25 NABCONS, Mumbai

25-26th Mar. 2015

Jammu & Kashmir

Bankers

26 NABCONS, Mumbai

26-27th Mar. 2015

Uttrakhand Bankers

27 NABCONS, Mumbai

20-21st Mar. 2015

Orissa Marketing Federations of APMC

28 NABCONS, Mumbai

13-14th Mar. 2015

Punjab Marketing Federations of APMC

29 NABCONS, Mumbai

19-20th Mar. 2015

Rajasthan Marketing Federations of APMC

30 NABCONS, Mumbai

6-7th Mar.2015

Tripura (NER) Agri. Univ., Marketing Cooperative societies

31 NABCONS, Mumbai

9-10th Mar. 2015

Assam (NER) Bankers

32 IIT, Kharagpur 9-10th March, 2015

W.B. IIT, Kharagpur

faculty members and research scholars pursuing teaching & research in commodity derivatives

33 NIAM, Jaipur 10-11th Mar. 2015

Bihar, Patna State & Central Govt. officers

34 NIAM, Jaipur 18-19th Mar. 2015

Uttrakhand, Dehradun

State & Central Govt. officers

35 NIAM, Jaipur, (NER)

2-3rd Mar.2015

Arunachal Pradesh, Itanagar

State & Central Govt. officers

36 BIRD, Lucknow 9-10th Mar. 2015

Central zone- U.P., M.P. Chattisgarh- at Lucknow, U.P.

Senior/middle level officers from banks (RRBs/ Coop. banks/ commercial banks), producers Groups/ companies, com. boards, promoting producers org. etc.

37 TNAU, Coimbatore 11-12th Mar. 2015

Horticultural Res. Station, Ooti, T.N.

Scientists, Students, Agricultural Extension and Officials

38 VAMNICOM, Pune 18-19th Mar. 2015

Goa, Panaji Chairman/ BOD & progressive farmers from coop. banks/sugar coop.& commodity boards/ fed. viz. rubber board, tea board, coffee board & oilseeds fed./ soc.

39 Govt. of Arunachal Pradesh NER

4-5th March, 2015

Banquet hall,Itanagar, NER, Arunachal Pradesh

Bankers

40 Govt. of Arunachal Pradesh NER

2-3rd Mar. 2015

Itanagar, NER,

Mktg. Dept. officials

34

Sr. Nos

Name of the Institute/Agricultu

re University

Dates of the programme conducted

Venue of the programme Conducted

Category of participants

Arunachal Pradesh

41 NSRICM, Kalyani 2-3rd March, 2015

Agartala, Tripura NER

Cooperative officers of Tripura

42 ICM, Jaipur 3-4th March, 2015

Jaipur, Rajasthan

Students of Indian Rural Management

43 S.K. Rajasthan Agri. Univ. Bikaner

20-21st Mar.2015

Univ.campus,Bikaner, Rajasthan

For Students and Staff of the University

44 Punjab Agri. Univ., Ludhiana

27-28th Mar.2015

Univ.campus, Ludhiana, Punjab

For KVKS and other Agricultural Scientists

45 MANAGE, Hyderabad

12-13th Mar.2015

UAS, Dharwad

Faculty of Agricultural Economics, Department of States Agricultural Universities and Scientists of KVKs under ICAR system and the senior officers of Department of Agriculture and other line Department of various states

46 TOPIC, Gurgaon 4-5th Mar.2015

Gurgaon Coop. Trainers & Dev. officers & officers of state coop. Dept.

35

Annexure VI

State-wise details of awareness programmes

Name of States Farmers Others Total Andhra Pradesh 8 8 16 Arunachal Pradesh 12 2 14 Assam 16 3 19 Bihar 4 4 Chandigarh Chhattisgarh 9 9 Delhi 2 2 Goa Gujarat 64 25 89 Haryana 10 10 Himachal Pradesh Jammu & Kashmir 11 8 19 Jharkhand 4 4 Karnataka 15 10 25 Kerala 15 4 19 Madhya Pradesh 1 13 14 Maharashtra 12 11 23 Manipur 1 1 Meghalaya Mizoram 1 1 Nagaland 1 4 5 Odisha 5 5 10 Pondicherry 1 1 Punjab 1 1 Rajasthan 1 11 12 Sikkim 1 1 Tamil Nadu 1 8 9 Telangana 1 2 3 Tripura 2 3 5 Uttar Pradesh 7 16 23 Uttrakhand 2 2 West Bengal 15 15

TOTAL 184 172 356