Paultry farmers have been imploring the government to band the future's trade of sobean in light of prices rising more than 70 %. The committee found no empirical evidence backing the claim that there is a direct link between the two. And soon enough, the upa government decided to set aside the committee's findings and went on to restrict futures trading in chick pea, sawer oil, rubber and potatoes for four months. Within days, prices of some of these goods rose sharply.
In today's episode for 22nd December 2021, we see why SEBI may have decided to ban futures trading in 5 commodities