There are inconsistencies and doubtful provisions in Companies Bill.
Though it's debatable whether power to supersede bank boards can adequately safeguard against the problems created by banks promoted by those with interests in other industries, the finance ministry has at least shed its reluctance to bulldoze the Reserve Bank of India.
In what Rural Development Minister Jairam Ramesh has called the UPA's 'slog overs', several policy changes were announced, and proposed laws cleared.
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