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A word to regulators: Check the impact of the rules you make
Mint Kolkata
|February 01, 2025
Budget FY24 suggested that regulators include public consultations as part of regulation-making process
The Economic Survey on Friday called for creating independent agencies within financial sector regulators to evaluate their regulations "from all angles". These agencies, the survey said, will report to the board and not to the management of the regulator, providing an impartial and objective assessment of the regulatory processes and outcomes, including the economic and social impacts of regulations.
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