{"id":19383,"date":"2021-03-22T10:53:38","date_gmt":"2021-03-22T05:23:38","guid":{"rendered":"https:\/\/plyinsight.com\/?p=19383"},"modified":"2021-05-11T13:54:39","modified_gmt":"2021-05-11T08:24:39","slug":"anti-competition-law-must-be-strengthened-n-k-singh","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/anti-competition-law-must-be-strengthened-n-k-singh\/","title":{"rendered":"Anti-Competition Law Must be Strengthened N K Singh"},"content":{"rendered":"<p>With the privatisation of public sector undertakings underway, the sale and disinvestment should not distort the principles of competition, 15th Finance Commission Chairman N K Singh said recently while calling for strengthening the Competition Act to evolve the role of the Competition Commission of India (CCI) as an overarching regulator.<\/p>\n<p>Stressing that competition policy is critical for economic framework as the markets are imperfect, Singh said, \u201cIt may not be appropriate to have an overarching regulator or override sector regulator, but what about on issues of competition? Who should be the final arbitrator?\u201d<\/p>\n<p><strong>Singh was addressing the sixth edition of the national conference on economics of competition law. The disinvestment and privatisation programme, Singh said, would free valuable financial resources, creating fiscal space for the government for its priority capital expenditure \u2014 both physical and social infrastructure \u2014 while also generating enhanced competition. On the issue of a handful of companies acquiring most of the stressed assets, Singh said addressing this requires a coherent coordinated approach and the CCI alone cannot do it.<\/strong><\/p>\n<p>\u201cThe Ministry of Finance, which lays down the policy framework, has to be brought in the picture along with financial regulators such as RBI and Sebi.\u201d<\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>\u092a\u094d\u0930\u0924\u093f\u0938\u094d\u092a\u0930\u094d\u0927\u093e \u0928\u0940\u0924\u093f \u0906\u0930\u094d\u0925\u093f\u0915 \u0922\u093e\u0902\u091a\u0947<\/strong><br \/>\n<strong>\u0915\u0947 \u0932\u093f\u090f \u0905\u0939\u092e: \u090f\u0928\u0915\u0947 \u0938\u093f\u0902\u0939<\/strong><\/p>\n<hr \/>\n<p>\u0915\u0947\u0902\u0926\u094d\u0930 \u0915\u0947 \u0938\u093e\u0930\u094d\u0935\u091c\u0928\u093f\u0915 \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u0915\u0947 \u0909\u092a\u0915\u094d\u0930\u092e\u094b\u0902 \u0915\u093e 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\u0915\u0941\u091b \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0926\u094d\u0935\u093e\u0930\u093e \u0926\u092c\u093e\u0935 \u0935\u093e\u0932\u0940 \u0938\u0902\u092a\u0924\u094d\u0924\u093f\u092f\u094b\u0902 \u0915\u0947 \u0905\u0927\u093f\u0917\u094d\u0930\u0939\u0923 \u0915\u0947 \u092e\u0938\u0932\u0947 \u092a\u0930 \u0938\u093f\u0902\u0939 \u0928\u0947 \u0915\u0939\u093e \u0915\u093f \u0907\u0938\u0915\u0947 \u0932\u093f\u090f \u0938\u092e\u0928\u094d\u0935\u093f\u0924 \u0924\u0930\u0940\u0915\u0947 \u0915\u0940 \u091c\u0930\u0942\u0930\u0924 \u0939\u0948\u0964<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-17693\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Tajpuria.png\" alt=\"Tajpuria\" width=\"124\" height=\"71\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Tajpuria.png 814w, https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Tajpuria-300x172.png 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Tajpuria-768x440.png 768w\" sizes=\"auto, (max-width: 124px) 100vw, 124px\" \/>\u00a0 \u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-17660\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Trikalp-Laminates.png\" alt=\"Trikalp Laminates\" width=\"72\" height=\"69\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Trikalp-Laminates.png 512w, https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Trikalp-Laminates-300x286.png 300w\" sizes=\"auto, (max-width: 72px) 100vw, 72px\" \/>\u00a0 \u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-17637\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Kumar-Engineering-Co..png\" alt=\"Kumar Engineering Co.\" width=\"218\" height=\"57\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2017\/08\/Kumar-Engineering-Co..png 1747w, 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Stressing that competition policy is [&hellip;]<\/p>","protected":false},"author":1,"featured_media":19385,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1057],"tags":[],"class_list":["post-19383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-march-news-2021"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Anti-Competition Law Must be Strengthened N K Singh - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/anti-competition-law-must-be-strengthened-n-k-singh\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Anti-Competition Law Must be Strengthened N K Singh - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"With the privatisation of public sector undertakings underway, the sale and disinvestment should not distort the principles of competition, 15th Finance Commission Chairman N K Singh said recently while calling for strengthening the Competition Act to evolve the role of the Competition Commission of India (CCI) as an overarching regulator. 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