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3) The government is planning to set up an independent tribunal for faster resolution of disputes relating to private sector partnerships and public procurement. What is the procedure to set up such a tribunal? In this case, examine the significance of this tribunal.

Topic: Statutory, regulatory and various quasi-judicial bodies 

3) The government is planning to set up an independent tribunal for faster resolution of disputes relating to private sector partnerships and public procurement. What is the procedure to set up such a tribunal? In this case, examine the significance of this tribunal. (200 Words)

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