Business Standard

Wednesday, December 25, 2024 | 10:46 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Cabinet approves reducing strength of CCI members to 3 for speedy approvals

Experts said the move would not result in any adverse impact on the CCI

Cabinet approves reducing strength of CCI members to 3 for speedy approvals
Premium

Indivjal Dhasmana New Delhi
The Cabinet on Wednesday approved reducing the size of the Competition Commission of India (CCI) in line with the government's policy of "minimum government and maximum governance" as well as global standards. It attributed the move to its earlier decision of not having additional benches. 

At present, the CCI can have six members and one chairperson. This will now be reduced to three members and one chairperson. 

The commission currently has four members. Two existing vacancies will not be filled, while none will be appointed in place of the one member, who is due to retire in September.

The government termed the move

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in