Newswire18 / New Delhi July 24, 2008, 0:46 IST
A Parliament panel has advised that futures trade in agricultural commodities should be discouraged as speculative trade leads to artificial rise in prices.

In its report tabled in the Lok Sabha on Tuesday, the Parliament Standing Committee on agriculture said that though futures offers a good hedging mechanism, it has not benefitted small farmers in India so far.

FIRM FINDINGS