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Too Careful Regulation Breeds Too Many Crooks

Mumbai | April 26 2013 17 : 11 IST | Economic Times
It is quite ironic, and tragic, that we have Sahara, Saradha and suicides despite possessing perhaps the most stringent regulatory framework in the world. All the recent scandals may be more due to extraordinarily tight regulations than a lack of them.
It is quite ironic, and tragic, that we have Sahara, Saradha and suicides despite possessing perhaps the most stringent regulatory framework in the world. All the recent scandals may be more due to extraordinarily tight regulations than a lack of them.

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