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October 2012

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Restore Trust for Economic Growth
The Economic Times, October 29, 2012

By Pradeep S Mehta

Industrial progress is not the only key to creating economic wealth, but there are several other flanking and fundamental areas that need to be reformed. These include, but are not limited to, governance and administrative reforms, and, most crucially, restoring trust of people in government. Only then the National Investment Board proposal will earn people's confidence. Should the government also not set in motion a process that can identify and list reform and remedial measures and report to people periodically? The checklist could begin with crony capitalism, corruption in the polity and administrative reforms. Even if we take one step at a time, it can be done. More...


Equity is Good for Growth
The Economic Times, October 08, 2012

By Pradeep S Mehta

Competition policy promotes economic equity and democracy, which is a building block for political democracy. While macro reforms have to be followed, micro reforms with effective meso-level institutions are as important to ensure that markets function well. In fact, the poor suffer more when markets do not function well. Businesses benefit from competition reform, so do the poor, as it leads to more equitable growth. The current buzzword for economic planning and management is 'inclusive growth'. More...


CCI needs to pull up its socks
The Financial Express, October 08, 2012

By Pradeep S Mehta

Recently, CUTS published a round-up on the performance of the Competition Commission of India called “CCI through the lens of media”. The media scan captures CCI’s reported activities from 2009 in an attempt to assess how it has performed since it became active in enforcement. We think that though still evolving, CCI has been very active in its role as the competition watchdog. Notwithstanding this, some deficiencies, such as a lack of sound economic reasoning in its case analyses and a desired level of consistency in its orders which is partly attributed to this, continue to mar its functioning. To do this better, CCI needs to pull up its socks. More...


The two per cent conundrum
Business Standard, October 06, 2012

By Rijit Sengupta

The implementation of public policies in India is often characterised by lack of convergence of ideas and processes, resulting in unnecessary duplication of efforts and loss of public resources. Such discordant policy processes not only baffle their implementers, but also reduce the anticipated benefits considerably. The development and implementation of the government’s “corporate social responsibility” (CSR) strategy seem to have followed this trend. As a result, there is a lot of confusion and misgivings about how to make it operational. More...


East Africa should reassess stand on EPAs
Business Daily Africa, October 04, 2012

By Fredrick Njehu

Only 36 countries within the ACP group have concluded some sort of agreement. Eight of them are yet to sign, and 15 have not even started the ratification process. The rationale of the deadline is clear: if any African or Pacific country wants to continue benefiting from duty-free and quota-free EPA market access, it must conclude the negotiations before 2014. More...


See Also

Media Room

Stop road transport cartels, go competition
The Financial Express, India, January 10, 2011

Promote participation in family planning
Dainik Bhaskar, January 08, 2011

Fulfill your responsibility
Dainik Navjyoti, January 08, 2011  

BoZ move on FBZ will hurt customers - CUTS
The Post Online, January 07, 2011

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