Business Standard

Sunday, December 22, 2024 | 11:20 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Shouldn't regulators have constitutional status?

Since 2014 the Modi government has attempted several structural reforms

Image
Premium

T C A Srinivasa-Raghavan
Here’s a question that polite people are not asking: Could the extraordinary happenings at the National Stock Exchange (NSE) have happened without the finance minister and his key officials knowing, even if the former didn’t know the details and latter were merely what Lenin called “useful idiots”? Does the sun rise in the West?

One more question: Can Sebi doze off on the job like the durbaans who see their main job as being a khidmatgar to the boss, and not a guard? Can the RBI be so utterly neglectful in its supervision of banks? Can Trai be so blatantly
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in