Rudra Investment: SEBI Will Benefit Farmers By This Step

Rudra Investment Share Market Tips Provider Said That Commodity and stock market regulator Sebi has directed the exchange of agri commodities futures trading to form a fund for the help of farmers and farmers' organizations (FPOs). In this fund, the money left on the behalf of SEBI as regulatory fees will be deposited.

SEBI has also issued guidelines for this fund and the guidelines related to the use of its fund. It is worth mentioning that in September last year, SEBI had imposed a one lakh rupees annual fee on these exchanges instead of charging different rates on several slabs of the business. The information of this order is also given on SEBI's website.

SEBI has said that the exchanges will have to complete the framework of this fund by April 10 this year. At the same time, it will be necessary to put the information of this framework on the exchanges on their own website. This fund can not be linked to any other fund. For example, the exchange can not show the exchange in any other fund such as Investor Protection Fund, Investor Service Fund and Corporate Social Responsibility (CSR) item.

According To Rudra Investment While deciding the action plan, the exchanges will have to consider issues such as the wages of the warehouse, payment of sacking expenses and the return of the broker's fees to the farmers / FPO.