The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
The finance ministry has put out a revised draft in public domain.
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
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