is there a cartel which is controlling prices?? people are free to trade where they want, let demand supply and quality of service decide what one pays and how much profits are made out of it.
allowing profits or controlling profits is not governments job, making sure there is fair chance to everyone to compete is what govt can do
is this move going to give fair chance to other exchanges to compete or it is going to take away the business itself from all of them? and who will run the new exchange? will it make profits or it will be govt non profit thing?
can govt say they will move price discovery away from BSE NSE and do it somewhere else?
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