SEBI May Extend Agri Futures Ban by One More Year
Why in the news
Market regulator SEBI is expected to prolong the halt on futures in key farm commodities by a year; it lapses in March 2026 otherwise.
Key facts
- Imposed first in 2021 to hold down price swings, speculation and food inflation.
- These goods form a big part of the food basket.
- Seven suspended: non-basmati paddy, wheat, chana, mustard seed, soybean, crude palm oil, moong (mustard and soybean include derivatives).
About agricultural commodities
Standardised bulk goods from farming and allied activity, priced by demand and supply, weather, global markets and policy, and traded in mandis and exchanges.
| Category | Examples |
|---|---|
| Food crops | Wheat, rice, maize |
| Pulses | Chana, moong, urad |
| Oilseeds | Soybean, mustard, groundnut |
| Commercial crops | Cotton, sugarcane, tea, coffee |
| Livestock products | Milk, meat, eggs |
Exam angle
- Regulator: SEBI. Start: 2021. Scheduled end: March 2026. Count: seven.