SEBI Discussion paper on , allowing Mutual Funds And Portfolio Managers In Commodity Derivatives, is a back to square move. It will lead to a high speculation & high chances of irking Govt ( nearing 2019 general election) . so most of the SEBI actions are disharmonious. reminding the days of NCDX
a link for the news https://www.bloombergquint.com/markets/2017/12/07/sebi-proposes-to-allow-mutual-funds-and-portfolio-managers-in-commodity-derivatives