Policy decisions see a disconnect as regulators remain headless

"It is not good governance practice and sends the wrong signals to the corporate world. The selection process should start three months before the incumbent retires. Bureaucracy needs to push harder"

For the second time in four months, the government last week sent out feelers inviting applications for a new chairman for the Competition Commission of India (CCI) — a position lying vacant since Ashok Kumar Gupta demitted the chairman’s office on October 25 last year.

CCI is not alone in its search for a chairman.

Petroleum and Natural Gas Regulatory Board (PNGRB), which has been without a chairman for over two years, has advertised twice over — the last being in June last year.

The post of chairman of PNGRB has been lying vacant since December 4, 2020, when Dinesh