Legislature is Epitomized by an Unproductive Parliament
Executive Power is Controlled by Politicians
Judiciary is Outdated and Backlogged
Media is Biassed and has no Freedom of Speech
While the Four Voices of democracy are Amoral
A '5th VOICE' is born. Voice By The People, For The People.
|
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Memorandum on Cooperation (MoC) between the Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and strengthen cooperation in the matter of Competition Law and Policy.
Impact:
The approved MoC, through the exchange of information, will enable CCI to emulate and learn from the experiences and lessons of its counterpart competition agency in Japan which would enhance efficiency. The same will help improve enforcement of the Competition Act, 2002 by CCI. The resultant outcomes will benefit consumers at large and will promote equity and inclusiveness.
Details:
It will envisage to promote and strengthen cooperation in Competition Law and policy through exchange of information and various capacity building initiatives in technical cooperation, experience sharing, and enforcement cooperation.
Background:
Section 18 of the Competition Act, 2002 permits CCI to enter into any memorandum or arrangement with any agency of any foreign country to discharge its duties or perform its functions under the Act.
Link to Official Press Release: PIB (https://www.pib.gov.in/PressReleasePage.aspx?PRID=1733838)
(Except for the headline, this information was not edited by 5thVoice.News and was published directly from the official source as it is. This article does not intend to hurt the sentiments of any individual, community, sect, or religion, etcetera. Further, despite all efforts made to ensure the accuracy and correctness of the information published, 5thVoice.News shall not be responsible for any discrepancies.)
Tags : #Competition #CCI #Memorandum #Cooperation #International #Relations #Law #Policy #Japan #Trade
Copyright Kalyan Krishna MediaZ Private Limited. All rights reserved. Unless otherwise indicated, all materials on these pages are copyrighted by Kalyan Krishna MediaZ Private Limited. All rights reserved. No part of these pages, either text or image may be used for any purpose. By continuing past this page, you agree to our Terms of Service, Cookie Policy, Privacy Policy and Content Policies.
