Sunday, October 16, 2022

by Harish Gupta, National Editor, Lokmat Group

 

 


CCI and Prasar Bharti to get new Chiefs soon


The Competition Commission of India (CCI) and Prasar Bharati may get new Chiefs soon as the government has fast-tracked the procedures. If reports emanating from North Block are any indication, both will get new heads this month end.

It is learnt that nearly five dozen candidates were short-listed for interviews for CCI Chairman's post. The process will be completed within the next ten days.
The term of the incumbent Chairperson Ashok Kumar Gupta, a retired IAS officer of the 1981 batch, ending on October 25, 2022. The government decided to advertise the post in July and sought applications from eligible candidates which included senior bureaucrats (retired & retiring), economists, judges from the higher judiciary and a few members currently working with the competition watchdog. The CCI was set up in 2003 under the Ministry of Corporate Affairs. It keeps a tab on anti-competitive practices across sectors in the marketplace and also works towards promoting fair trade practices. It also approves combinations under the act so that two merging entities do not overtake the market. In recent times, CCI has been looking at various cases of alleged unfair business practices, especially in the fast-growing digital space. Many international companies are under the scanner of the CCI.

Prasar Bharati may also get a regular CEO as Shashi Shekhar Vempati retired in June. Later, Mayank Kumar Agrawal was given the additional charge of the CEO. The selection committee meeting was held this week and an IAS officer may be inducted soon as CEO. Vempati was the youngest and the first non-bureaucrat CEO who was appointed for five years in June 2017.