Competition Commission seeks four-fold increase in staff
Competition panel asks govt to expand its staff by at least four times to make it fully operational.
By PTI |
NEW DELHI: A day after Parliament approved a bill to strengthen the Competition Commission of India (CCI), the panel on Tuesday said it has asked the government to expand its staff by at least four times to make it fully operational.
"We have already submitted an IIM-Bangalore study to the Ministry of Corporate Affairs and want the government to immediately sanction additional post of 60 officers to gear up the Commission to discharge greater responsibilities in the days ahead," CCI member Vinod Dhall said.
The CCI's demand for more staff assumes importance in view of the government decision to fully operationalise the Commission by mid-2008 following approval of Competition (Amendment) Bill 2007 by Parliament on Monday.
The Commission, which is only partly functional since its constitution in 2003, has only 14 officers and one member.
The IIM-Bangalore study on the future structure of the Commission, conducted earlier in the year, has recommended that CCI's staff strength be increased to 480 over a period of five years, he said.
The CCI also wants the government to constitute a selection committee comprising Chief Justice of India or his nominee, one representative each from ministries of corporate affairs and law and two experts from the field of finance, accountancy and law to select chairman and members of the panel.
"We also want the government to notify the amendments and frame rules as early as possible," Dhall said, adding that the Bill will have to be approved by the President before entering the statute books.
"We have already submitted an IIM-Bangalore study to the Ministry of Corporate Affairs and want the government to immediately sanction additional post of 60 officers to gear up the Commission to discharge greater responsibilities in the days ahead," CCI member Vinod Dhall said.
The CCI's demand for more staff assumes importance in view of the government decision to fully operationalise the Commission by mid-2008 following approval of Competition (Amendment) Bill 2007 by Parliament on Monday.
The Commission, which is only partly functional since its constitution in 2003, has only 14 officers and one member.
The IIM-Bangalore study on the future structure of the Commission, conducted earlier in the year, has recommended that CCI's staff strength be increased to 480 over a period of five years, he said.
The CCI also wants the government to constitute a selection committee comprising Chief Justice of India or his nominee, one representative each from ministries of corporate affairs and law and two experts from the field of finance, accountancy and law to select chairman and members of the panel.
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"We also want the government to notify the amendments and frame rules as early as possible," Dhall said, adding that the Bill will have to be approved by the President before entering the statute books.
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