India needs regulatory authorities for aviation, railways..: FM

Delivering the convocation address at the National Law School in Bangalore yesterday, Union Finance Minister P Chidambaram said that India needs more regulatory authorities, reports CNBC-TV18. .
He further added that regulation of the petroleum sector in the country is being considered.
Finance Minister, P Chidambaram says, "Others in the area of completion policy, pension, etc are in different stages of formation. And still some more..., civil aviation, railways are under consideration. The list is a long one and is expected to grow longer."
28/08/06 Moneycontrol.com

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