Govt procurement set to get more transparent

Centre to come up with national competition policy and law on procurement

deevakar

Deevakar Anand | December 9, 2010



The government is deliberating the formulation of a comprehensive national competition policy so that the businesses across the sectors could be deterred from indulging into unfair competition practices, which they apparently do to cope with the present day cutthroat rivalries and to earn higher profits.

Corporate affairs minister Salman Khurshid speaking at a competition commission of India (CCI) organized conference also informed that the government is seriously working on bringing in a procurement law to enforce effective and transparent procurement practices. The minister emphasised that a pre-audit system to check in advance unfair practices involved in purchasing was needed.

Once into effect such a policy on competition and a law on procurement are expected to boost fair play in the market and transparency into government purchases.

Speaking on the occasion, CCI chairman Dhanendra Kumar underlined the occurrence of large volume of procurements by public sector units (PSUs) owing to increase in their purchasing powers. He spoke well of CCI’s role in checking unfair procurement procedures because of its powers to look into it ex – ante, i.e. prior to the purchase or procurement unlike what the comptroller and auditor general (CAG) or the central vigilance commission (CVC) does. The CAG and CVC get involved ex-post, i.e. after the procurements are made. Highlighting CCI’s sanitizing programmes for the PSUs and corporates, Kumar said the competition watchdog had been consistently receiving complaints from across sectors which it has been effectively looking into without any prejudices.

Emphasis was also laid down on the utilization of the information technology tools for analyzing the public procurement behavior and for detection of bid rigging to devise methods to streamline the practice.

 

 


 

Comments

 

Other News

Thackeray launches three fast-track DNA units under Nirbhaya scheme

Maharashtra chief minister Uddhav Thackeray has launched three state-of-the-art human DNA units under the Nirbhaya Scheme for efficiency in criminal investigations. A wildlife DNA unit in Nagpur makes Maharashtra the country’s first state to have a forensic testing lab for animals.  

How foreign policy has been Modi’s focus right from the start

The Midway Battle: Modi’s Roller-coaster Second Term By Gautam Chintamani Bloomsbury / 400 pages / Rs 699 Gautam Chintamani, a film historian and author, has penned an in-depth chronicle of prime minister Narendra Modi’s second

Remove unauthorized constructions without pressure: Thackeray to BMC

Maharashtra chief minister Uddhav Thackeray has instructed the Mumbai civic authorities to take immediate action on unauthorized constructions on war footing. In a virtual meeting held on Wednesday, Thackeray said no illegal construction will be tolerated in Mumbai and called upon the BMC to

Covid norms relaxed; Mumbai restaurants, shops to remain open longer

After extending timings of shops and restaurants as well as the reopening of cinema halls and theatres under specified SOPs from October 22, in view of the festive cheer, the Maharashtra government has allowed restaurants and eateries to remain open till 12AM and shops and establishments to function till 1

Global Hunger Index data collection flawed: Arvind Panagariya

Rubbishing the recently released Global Hunger Index 2021, wherein India has slipped to 101 position to be placed below Pakistan, Nepal and Bangladesh, Arvind Panagariya, professor of economics at Columbia University and former vice chairman, NITI Aayog, has said that data collection and methodologies used

‘Blue Zones’ concept of healthy living and its relevance in India

A long life span free from diseases and disability, the so-called healthy aging, has been a matter of prime interest to humanity. It is widely held that the life expectancy is a function of interplay between various genetic and environmental factors. There is scientific evidence to support the fact that on

Visionary Talk with Dr Arvind Panagariya, Professor, Columbia University & Former VC, NITI Aayog



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter