Sucheta Dalal :NSEL: Poor Regulation was not by chance
Sucheta Dalal

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NSEL: Poor Regulation was not by chance  

September 2, 2013

The NSEL scam only happens to be the biggest of the multiple scams that have hit the commodities markets, thanks to poor regulation

Sucheta Dalal

Prime minister, Manmohan Singh, likes to blame all the lapses of his government on ‘coalition dharma’. Well, in addition to the long list of scams and dubious decisions that have rocked the nation, the lax regulation and supervision of commodity futures markets is another example of the wanton disregard of public interest to appease a powerful political ally.

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-- Sucheta Dalal