New Delhi: In view of the critical role of fair market and competition in promoting consumer welfare, the Standing Conference of Public Enterprises (SCOPE) organised a webinar on 'Competition Law' in association with the Competition Commission of India (CCI).
CCI's Chairperson Ashok Kumar Gupta delivered the keynote address. The webinar was also addressed by SCOPE's Director-General Atul Sobti, GAIL (India) Limited's Director (Finance) AK Tiwari, CCI's Director (Law) Dr KD Singh, NTPC Limited's Executive Director (CC&M) Ashok Kumar Juneja and GAIL (India) Limited's Executive Director (C&P) KRM Rao. Over 500 participants including senior officials from PSEs attended the webinar through SCOPE's various platforms.
Ashok Kumar Gupta complimented SCOPE for organising the webinar and reiterated that such interactive sessions play a vital role in promoting a greater understanding of the law and the need for a transparent public procurement system that ensures quality, price and service delivery. He added that since public procurement forms about 25 percent of our GDP, even small savings shall go a long way in making fiscal savings. He also apprised about CCI's efforts towards the development of efficient and competition compliant procurement processes at both central and state government levels through its enforcement and advocacy roles.
Atul Sobti in his address stated that while SCOPE has been reinventing itself in the present scenario, this webinar has been organised with an aim to provide clarity in the area of public procurement while maintaining competition in businesses for PSEs.
The webinar also discussed salient features of the competition law and deliberated on issues pertaining to proactive measures for better compliance of competition law, best practices, key initiatives and challenges of public procurement in the public sector.
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