A PYMNTS Company

New “Cabinet of Committee on Competition” proposed by Ministry of Corporate Affairs

By  |  April 3, 2012

The Ministry of Corporate Affairs seeks to create a Cabinet Committee on Competition (CCC). The Competition Commission of India is to report to the CCC. The Hindustan Times reports that the CCC is “to promote fair competition among firms while nurturing the smaller companies and those related to agriculture-marketing societies. The move is also expected to ease supply-side constraints and help in controlling rising inflation in the long run.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The CCC is subject to Cabinet approval. The Ministry of Corporate Affairs is also pursuing the establishment of an advisory committee that would help implement the National Competition Policy. This committee is to be supervised by corporate affairs minister M. Veerappa Moily.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full content: Hindustan Times

     

    Related content: Competition Commission of India’s Trysts with Law and Policy: Enforcement One Year On (Pallavi Shroff & Harman Sandhu, Amarchand & Mangaldas & Suresh A Shroff & Co)