With a view to encourage the participation by Farmers / Farmer Producer Organizations(FPOs) in agricultural commodity derivatives markets, SEBI has reduced the regulatory fee on Stock Exchanges w.r.t turnover in agricultural commodity derivatives. In order to pass on the desired benefits from reduction of regulatory fees on agricultural commodity derivatives, SEBI vide Circular No. SEBI/HO/CDMRD/DMP/CIR/P/2019/40 dated 20th March 2019 has decided that the stock exchanges dealing with agricultural commodity derivatives shall create a separate fund earmarked for the benefit of farmers / FPOs in which, the regulatory fee forgone by SEBI shall be deposited and utilized exclusively for the benefit of and easy participation by Farmers and FPOs in the agri-commodity derivatives market. Any income on investments from the fund would also be ploughed back into the same fund. In this regard, guiding principles to be followed by the exchanges are outlined in the circular.
https://www.sebi.gov.in/legal/circulars/mar-2019/framework-for-utilization-of-regulator y-fee-foregone-by-sebi_42427.html