Current Affairs Government Schemes

Government Constitutes Competition Law Review Committee

Category : Government Schemes

 In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act. The Committee will be headed by Injeti Srinivas, Secretary of the Union Ministry of Corporate Affairs. The Competition Act was passed in the year 2002 and the Competition Commission of India was set up in pursuance of the same. The Commission started functioning in right earnest from 2009.
Source- Press Information Bureau (PIB)


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