Excelsior Correspondent
SRINAGAR, June 8: Two days workshop on “Commodity Futures Market” organised by Department of Business and Financial Studies, University of Kashmir in collaboration with Multi Commodity Exchange of India Limited and Forward Markets Commission (FMC) commenced today at Ghandhi Bhawan, University of Kashmir, in which students, research scholars, practitioners, bankers and faculty members participated.
Ramesh Abhishek from FMC, was the chief guest, who while speaking deliberated on recent developments in the commodity markets, issues and challenges.
He has offered internship placement for students of Department of Business and Financial Studies.
The keynote address was presented by MD and CEO, Multi Commodity Exchange of India Limited, Shreekant Javalgekar, who provided an overview of commodity markets and benefits of the derivatives.
Joint Secretary, Ministry of Micro, Small and Medium Enterprises, CK Mishra, who was the guest of honour, deliberated upon how SMEs will benefit by hedging in Commodity futures market.
Head, Department of Business and Financial Studies, Prof Mohi-ud-Din Sangmi, emphasized that there is a need to develop commodity futures for horticulture produce like apple and almonds which are marketed in a volatile price situations. He said that such workshops would help students to address the local problems with national and global perspective.
Prof Shabir A Bhat, Dean Management and Commerce presided over the workshop and deliberated on need for industry, academic linkages and the benefits for the regional development.
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