Indian CommoditiesMmarket, GST Can Bring in Big Benefits - MCX

Mr. P. K. Singhal Joint Managing Director, MCX said, '' The winter session (2015 December) of Parliament has started, raising expectations about the build-up of a political consensus on the much-awaited legislation on the Goods and Services Tax (GST).

The GST regime, which the government envisages to roll out by April 01, 2016, is one of the most significant economic reforms, with the potential to make the domestic economy highly competitive in a globalized framework.

In the commodities market, GST can bring in big benefits by helping curb market fragmentation and creating a national commodities market, as envisaged in The Economic Survey, 2014–15.

An efficient physical market for commodities can act as a catalyst for faster and inclusive growth of the commodity derivatives market.

MCX signed an MoU with Amity Business School..!

I am happy to inform you that on November 05, 2015, MCX signed an MoU with Amity Business School, Noida, for imparting and training students with requisite skills to meet the fast-changing needs of commodity markets. The alliance will surely bolster the industry–academic linkage and thus provide a formidable workforce that caters to not only financial markets, but to the modern commodity ecosystem as a whole.

Continuing our efforts to spread awareness about commodity derivatives, MCX conducted 21 awareness programmes, apart from 11 farmers’ training programmes covering 319 farmers, in October 2015."


Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...