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The SRFDCL was established by AMC as a distinct company registered under the Section 149(3) of the Companies ACT 1956. The AMC's intention was to create an autonomous entity (Special Purpose Vehicle), which can speedily and effectively implement the SRFD proposals. The SRFDCL is perceived as an autonomous company, which beyond a point, is independent of changes in the political situation and, the SRFDCL should be able to develop an effective decission making system.
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