Apolitical control
It is quite obvious that the government's political compulsions have led it to put on hold TRAI's tariff changes. The decision defeats the purpose of setting up the TRAI.

Power bargaining
The wheels of reform grind on, although they may grind exceedingly slow. The passing of Patents Amendment Bill in the Lok Sabha, with the support of Congress, lends support to that observation.

Connecting multiple depositories
Sebi chairman DR Mehta has finally succeeded in his resolve to bring in competition in the business of share depositories. Competition is welcome, provided it means lower costs and enhanced level of service for an investor.

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