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How NSEL scam derailed commodity market in 2013

How NSEL scam derailed commodity market in 2013

Rediff.com25 Dec 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.