Wednesday, December 28, 2011

Jan Lokpal Bill India

After the approval of the president the anti corruption bill called Jan Lokpal is finally to be tabled in the Indian Parliament.  The bill was passed in the Lok Sabha yesterday and awaits clearance by the Upper House Rajya Sabha.

The bill if passed with the right provisions is going to be a big booster for business in India. Riddled with lot of impediments due to the corruption in various department the bill is supposed to provide relief to the business as well. The needles glitches faced during license approvals,  clearance of permits etc for under the table will go away. Thus projects could be approved faster in a profitable manner and bureaucratic interference will be mitigated.   

Nevertheless the approval from those taking a stance against what they refer to a weak Jan Lokpal is not coming. This would mean peaceful agitation by Anna and his team will continue. In absence of desired content the team will exert greater pressure on the ruling government and the opposition to create a more comprehensive bill urgently.   

No comments:

Post a Comment