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FMC to evolve `delivery process'

MUMBAI: The Forward Markets Commission (FMC) announced that it has decided to constitute a committee to evolve a "delivery process" to make delivery of contracts mandatory on commodity futures exchanges. The committee will have members drawn from the three national commodity futures exchanges, besides members from single commodity exchanges, said S. Sundareshan, Chairman, FMC, while addressing a press conference here on Friday.

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