A stakeholder awareness and education seminar on agri-business and commodities price risk management will be held at 5 p.m. on Friday at S.S. Patil Auditorium, HKCCI Building, Super market, Gulbarga.

The seminar is organised by The Hindu Business Line jointly with commodity futures market regulator – Forward Markets Commission – under the Union Ministry of Consumer Affairs and the country’s largest agri-commodity futures exchange, the National Commodity and Derivatives Exchange (NCDEX). The seminar will seek to bring together hedgers and prospective participants in the agricultural commodity markets with a view to creating awareness about price risk management.

Participants would include stakeholders such as producers, processors, trading houses, importers, exporters and others in the physical market who need to manage commodity price risks arising out of volatile market conditions.

The event is supported by chambers of commerce. B.T. Pujari, Dean (Agriculture), University of Agricultural Sciences – Raichur, will be the chief guest. Umakanth B. Nigudgi, President, Hyderabad Karnataka Chamber of Commerce and Industry, and K. Shiva Shanmugam, President, Federation of Karnataka Chambers of Commerce and Industry, will speak on the occasion.

Experts will make presentations on various topics. These include “Commodities as critical driver of India’s economic growth” by G. Chandrashekhar of The Hindu Business Line ; and “Benefits of commodity futures trading and exchange perspective and price risk management” by Deepak Sayana, Deputy Manager, NCDEX. On behalf of the event’s banking partner State Bank of Mysore, K. Lakshmisha, General Manager, will speak on “Role of banks in agriculture”.

There will be open house discussion and registration is a must. Contact: Ravikumar on 97310 75700.

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