Perils of Dematerialisation of Commodity Futures

At present the perils of dematerialisation of commodity futures deliveries far outweigh their apparent benefits. However attractive the demat system may seem at first sight, its introduction in India must await a revolution in our agricultural economy to usher in uniform standards in crop varieties and their production, packing or bailing and their storage, and, above all, in physical market trading practices. These dreams are still miles away.