Govt hopes to clear clouds over competition watchdog bill during Monsoon session

The much delayed Competition Commission of India would have a four-layered organisational structure of professionals...

The much delayed Competition Commission of India (CCI) would have a four-layered organisational structure of professionals to act as a watchdog for market competition in the country. The Ministry of Corporate Affairs has decided to give the go-ahead to the organisational structure for CCI as suggested by the Indian Institute of Management, Bangalore (IIM-B).

According to sources, the Ministry is keen to approve the structure suggested by IIM-B and is just waiting for Parliament to clear the proposed amendment bill to the Competition Act 2002 during the ongoing Monsoon session. The Ministry had constituted a committee to examine the suggestions made by IIM-B in its report and the committee has already approved the suggestions regarding the CCI’s organisational structure.

In order to establish CCI as a professionally managed body to deal with issues related to market competition, the commission had asked IIM-B to conduct a study on the directions of the Ministry. The commission got the report from IIM-B about two months ago and submitted it to the ministry.

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A senior CCI official said that the ministry initially wanted to sanction 60 posts of professionals for the Commission. However, the IIM-B report has suggested recruiting 480 professionals, including law experts, economists and financial analysts and a supporting staff of 180 people like IT, library, HR and other professionals.

The strength of core professional teams for investigation and supporting staff should be in ration of 3:1, the report recommends. Legal experts, economists and financial analysts in the core professional team for investigation should be in proportion of 40:40:20, the report says.

The report has suggested a flexible recruitment policy for the CCI to avoid any staff shortage. Professionals may be appointed on a permanent or contractual basis. The report also suggests getting the right professional matching requirements of CCI on deputation basis from other government departments.

Apart from this, the report also suggests case management on an e-governance pattern, training of professionals recruited for the purpose by international institutes and pay packages at par with other regulators such as IRDA and Sebi. CCI has already tied up with USAID and the World Bank for training professionals in competition law.

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