In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
Reforms started by Manmohan Singh in 1991 concentrated on things that would help large firms in the private sector. But these moves did not help the poor, says author Rafiq Dossani.
'Both sides welcomed the successful completion of discussions on India's separation plan and looked forward to\nthe full implementation of the commitment in the July 18, 2005, joint statement on nuclear cooperation.'
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