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English Release 2-September 2014
Date Month Year
  • Vice President's Secretariat
  • Vice President Inaugurates 89th Foundation Course at Lal Bahadur Shastri National Academy of Administration in Mussoorie
  • Prime Minister's Office
  • Text of Prime Minister Shri Narendra Modi’s remarks at the Indian Community Reception in Tokyo
  • Text of Prime Minister Shri Narendra Modi’s remarks after inaugurating the TCS Japan Technology and Culture Academy
  • Text of Prime Minister Shri Narendra Modi’s keynote address at welcome reception hosted by Japan-India Association and Japan-India Parliamentary Friendship League
  • PM inaugurates Vivekananda Cultural Centre at Indian Embassy in Tokyo
  • PM’s remarks at the Indian Community Reception in Tokyo
  • PM's keynote address at welcome reception hosted by Japan-India Association and Japan-India Parliamentary Friendship League
  • Text of Prime Minister Shri Narendra Modi’s keynote address at event organized by Nikkei Inc. and Japan External Trade Organization (JETRO)
  • PM's keynote address at event organized by Nikkei Inc. and Japan External Trade Organization (JETRO)
  • Text of Prime Minister Shri Narendra Modi’s special lecture at the University of the Sacred Heart, Tokyo
  • PM’s remarks after inaugurating the TCS Japan Technology and Culture Academy
  • PM's special lecture at the University of the Sacred Heart, Tokyo
  • Min of Agriculture
  • Government puts Agriculture Sector on Fast Track
  • Min of Defence
  • Fast Patrol Vessel ICGS Abhiraj Commissioned at Tuticorin
  • Min of Environment and Forests
  • Initiatives of the Ministry of Environment, Forests & Climate Change
  • Ministry of Finance
  • A High Level Committee Constituted for Considering the Proposals for Assessment of Income arising or accruing before 1st April, 2012 on Account of Retrospective Amendments to the Provisions Related to Indirect Transfer
  • Min of Health and Family Welfare
  • Revised strategy for Kala Azar eradication launched
  • Min of Home Affairs
  • MHA Asks Manipur Govt to Take Preventive Steps in view of UNC Blockade
  • Union Home Minister asks Kerala CM to take Strict action against Political Killings
  • Min of Information & Broadcasting
  • I&B Ministry initiatives to enhance Outreach and information dissemination through multiple platforms
  • Min of Petroleum & Natural Gas
  • Petroleum Minister emphasizes on adopting energy efficient techniques for better development of the nation
  • Global crude oil price of Indian Basket was US$ 101.29 per bbl on 01.09.2014
  • Min of Power
  • Landmark Initiatives for Energy Efficiency Launched
  • Min of Rural Development
  • Sweeping changes made in MGNREGA by Nitin Gadkari
  • Min of Science & Technology
  • Atomic Energy Regulatory Board (AERB) Releases the Annual Report for the Year 2013-14
  • MoU Signed between National Cancer Institute, AIIMS, Jhajjar Campus and DBT, GOI
  • Dr Jitendra Singh Announces DBT Collaboration in Establishing A “National Cancer Institute” at Jhajjar, Haryana.
  • Min of Tribal Affairs
  • “Single Window System” for Obtaining Market Information on Minor Forest Produces Through Toll Free Number 1800 180 1551

Previous Date

 
Ministry of Corporate Affairs21-May, 2012 14:15 IST
National Competition Policy in the final stages of adoption – CCI celebrates 3 years of enforcement of competition laws
Government is in the process of bringing out a National Competition Policy that will aim to achieve highest sustainable levels of economic growth, entrepreneurship and employment. Minister of Corporate Affairs Dr. Veerappa Moily stated this while speaking at the annual day workshop organised by Competition Commission of India jointly with UNCTAD to commemorate three years of implementation of Competition Act. Dr. Moily stated that the proposed New National Competition Policy has already been circulated to the Ministries /Departments for their comments and thereafter the policy will be put up to Cabinet for approval.

Dr. Veerappa Moily congratulated the Competition Commission of India for completing three years of enforcement of competition laws. He observed that some of the decisions of CCI have proved to be important milestones in ensuring free play of market forces in a liberalised economy. The Union Minister of Corporate Affairs also stressed that ultimately consumers should be the focus of any policy that Govt. makes and consumer should be the ultimate beneficiary.

Dr. Veerappa Moily opined that the objective of competition laws was to protect competition and not the competitors. He highlighted the need for competition to be promoted, protected and nurtured through appropriate regulatory mechanism. Policies initiated and pursued in various sectors like manufacturing, electricity, telecommunications, roads, transport, civil aviation, tourism etc. have yielded rich dividends so far. Dr. Moily stated that there has been an addition of 45 million new entrepreneurs during the last two decades on account of introduction of Competition. The minister expressed the hope that effective enforcements of Competition Laws and enactment of new National policy will pave the way for the second biggest reform initiatives after the 1991 economic reforms.

Earlier Shri Ashok Chawla, Chairperson, Competition Commission of India stressed on the need to sensitise the state Owned Enterprises about the Competition Act so that they could have robust, Competition Compliance and good operating practices that could be emulated by their private counter parts.

Shri Naved Masood, Secretary, Ministry of Corporate Affairs, Shri O.P.Rawat, Secretary, Department of Public Enterprises and Mr. Hassan Qugaya , Head, Competition and consumer Protection Branch, UNCTAD also spoke on the occasion.

The two day workshop have been organised by Competition Commission of India on the subject of Competition Law and State Owned Enterprises (SOEs). The workshop is being attended by Secretaries of various Ministries and Chiefs of PSUs. Speakers from jurisdictions such as Russia, United Kindgdom, European Commission, Korean Fair Trade Commission, Korea, South Africa and Australian Authority are participating in the workshop.

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RC/JR
(Release ID :84220)

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