The concentration of powers concerning both regulation and service provision in one position, that is the district magistrate, is institutionally irrational and administratively inefficient.
Not just financial reform and market development, India must also pay attention to fiscal empowerment of state and improvement in public administration.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
COMMENTS