Prof KV Thomas, Union Minister of State (Independent Charge) for Consumer Affairs, Food and Public Distribution, will be the Chief Guest at the Stakeholder Awareness and Education Seminar organised by The Hindu Business Line jointly with Forward Markets Commission and the National Commodity and Derivatives Exchange on Saturday, June 30, 2012 at Kochi, according to a BL report.
Ramesh Abhishek, Chairman, FMC and R Ramaseshan, Managing Director and CEO, NCDEX, will participate and address the meeting. The seminar is part of an ongoing series to create awareness among agri-business and commodity market participants and highlight the need for commodity producers, processors and traders (domestic and international) to hedge their price risks in the face of volatile market conditions, said the report.
Expert presentations would include commodities as critical driver of India's economic growth, importance of price discovery and price risk management, benefits of futures trading and role of commodity futures exchanges and regulatory perspective and role of brokerages would be held. The Kochi event starts at 4.00 PM at Beaumonde Ferne Hotel, MG Road. Prior to the Kochi meet, two more events are slated to be held, one at Thrissur on Thursday, June 28, at Hotel Asoka Inn, TB Road and the next at Kottayam on Friday, June 29, at Windsor Castle, Kodimatha.
NCDEX is India's largest agri-commodity futures exchange and FMC is the national regulator for the commodity futures market.
Seats are limited. Prior registration with Business Line is necessary: Thrissur: PP Sanil 80897 76943; Kottayam: Shifas Sulaiman 94476 95936 and Kochi: Vishnu Raghunath 98955 98894, added the report.