Tuesday, July 15, 2014

Rajya Sabha passes TRAI Bill

The Telecom Regulatory Authority of India (Amendment) Bill, passed in Lok Sabha on 14-07-2014 (Monday), was approved in Rajya Sabha on 15-07-2014 (Tuesday) by voice vote.
Thus cleared a Bill to remove legal hurdles that were coming in the way of appointing former TRAI chief Nripendra Misra as Principal Secretary to the Prime Minister amid strong opposition by Congress.

Moving the Bill in Upper House, Law and Telecom Minister Ravi Shankar Prasad said it was aimed at removing "a palpable anomaly" as existing law allows a former TRAI Chairman to take up private job two years after retirement but bars the person from taking up a government job ever in life.

Other regulatory bodies like Competition Commission, Airports Economic Regulatory Authority and SEBI do not have such provision, he said, adding the government decided to amend the law to bring parity among all regulatory bodies.

No comments:

Post a Comment