{"license":"Free to use with attribution to Vaada Meter (license terms to be finalised)","methodVersion":"1.0","generatedAt":"2026-10-06T07:29:06.625Z","data":{"id":"nda-ls-1999-012","text":"Establish a healthy, autonomously managed commodity exchange system","quote":"A healthy commodity exchange system will be established to be managed in an autonomous way.","quoteIsExact":true,"quoteLanguage":"en","quoteEnglish":null,"page":null,"sector":"economy","measurability":"measurable","importance":"minor","deadline":"2004-05-22","deadlineType":"implied","status":"kept","rating":10,"ratingRule":"kept","provisional":false,"confidence":"high","reason":"The government recognised three nationwide multi-commodity exchanges (NMCE, MCX, NCDEX) on the Forward Markets Commission's advice and in April 2003 lifted most bans on commodity futures trading.","evidence":[{"date":null,"sourceType":"budget","publisher":"Ministry of Finance (Economic Survey 2003-04)","title":"Economic Survey 2003-04: Commodity futures markets","url":"https://www.indiabudget.gov.in/budget_archive/es2003-04/chapt2004/chap44.pdf","quote":"The Government of India, on the recommendation of the Forward Markets Commission (FMC), granted recognition to National Multi Commodity Exchange, Ahmedabad (NMCE); Multi Commodity Exchange, Mumbai (MCX); and National Commodity and Derivative Exchange, Mumbai (NCDEX)","stance":"supports"}],"tags":["commodity-exchange"],"sensitive":false,"review":{"state":"ai_draft","draftedBy":"research-agent","draftedAt":"2026-10-05","reviewedBy":null,"approvedBy":null},"manifestoId":"nda-ls-1999","partyId":"nda","electionId":"ls-1999"}}