ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Stock Market Scam and UTI Imbroglio

The issues dealt with in the report of the Joint Parliamentary Committee pertain to the `persistent and pervasive' failure of the key regulators to perform their duties and the failures of governance pertaining to the failure of the ministry of finance to perform its duties. They also include the failings of the department of company affairs, which is both a department of government and a regulator, as well as of the investigative agencies (CBI, Enforcement Directorate, etc) which fall directly under the prime minister.

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