Competition Commission of India (CCI) has emphasised on the need to adopt National Competition Policy. The Commission Chairman Ashok chawla was speaking at a seminar on 'National Competition Policy; Second Big Wave of Reforms,' organised by Consumer Unity & Trust Society (CUTS) International at Delhi recently.
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Govt canÂ’t regulate airfares: CCI
Competition Commission of India (CCI) Chairman Ashok Chawla has said the government cannot fix the maximum retail price (MRP) of airfares like other consumer items as fares are decided by market forces of demand and supply. This order effectively bars the government from regulating airfares.
Towards market – driven prices
The oil ministry's plan to make users of domestic natural gas pay more so that costlier imported LNG finds buyers has been opposed by a high-level committee.