Bimal Jalan report ensures NSE monopoly

The Bimal Jalan committee on stock exchanges has delivered a set of ridiculous recommendations that is devoid of any vision. It does one thing well: shut out any new exchange and kill NSE's competitors 

The Bimal Jalan Committee was appointed in February 2010 to deliberate on governance, ownership, listing of bourses and other issues. The result seems to be a 'special purpose report' (SPR)...

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