*Professor, Alagappa Institute of Management, Alagappa University, Karaikudi
**Research Scholar, Alagappa Institute of Management, Alagappa University, Karaikudi
Online published on 4 December, 2014.
India is the most significant country in the world because the prominent sources are available and the sources which support to develop the economy of the nation. In 1991, India has allowed Liberalization, Privatization and Globalization to attract Foreign Investment. In 1996, the Indian Government has been enforced the commodity market concept due to the progress action of the nation towards the derivatives. After 2001, the Multi-Commodity Exchangeshas been started and followed by National Commodity and Derivatives Exchanges, National Multi Commodity Exchange, and Indian Commodity Exchange and so on. These exchanges are initially started to trade shares but laterNon-Agricultural products play amajor role in online markets. The agriculture products also participate in the place of stock market in recent years. Gold is one of the commoditiesincluding in MCX and it has been highly influenced in the recent days. This paper highlights the structure of commodity market and overall turnover of commodity exchanges in India.
Structure of Commodity Markets, kinds and turnover of commodity exchanges, Top Most Commodity Exchanges
