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    <title>Govt introduces IFSC Bill in Rajya Sabha</title>
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    <description>The Bill establishes a Unified Regulatory Authority for IFSCs to regulate financial products, services and institutions within IFSCs, consolidating oversight to enable inter regulatory coordination. Composition rules allocate one nominee from each regulator (RBI, SEBI, IRDAI, PFRDA), two finance ministry nominees, and up to two government appointed members on selection committee recommendation. Chairperson and members hold three year terms and are eligible for reappointment.</description>
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