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Is the vaccine policy being driven by public, private or political interest, asks Anil Singh

Is the vaccine policy being driven by public, private or political interest, asks Anil Singh India desperately needs to halt this second Covid-19 wave for the sake of its sagging economy. If left unchecked, the new wave could completely derail India’s economic recovery. Much of this can be avoided if the government were to bear the cost of the vaccination programme, which some economists estimate could be as little as 0.3 per cent of the GDP Earlier this year, India was donating Covid vaccines to the world; now, India is running short of vaccines and its private hospitals are charging some of the steepest rates in the world for it; Rs 700 to Rs 1,500 per dose. The pandemic has reached remote villages, thanks in no small measure to the Union government’s stubborn insistence on a Maha Kumbh at Haridwar and protracted poll campaigns in four states. This, when less than two per cent of the population has been vaccinated.

SEBI and Competition Commission at Loggerheads Over Jurisdiction of Credit Ratings Agencies

SEBI and Competition Commission at Loggerheads on Jurisdiction Over Credit Ratings Agencies

SEBI and Competition Commission at Loggerheads on Jurisdiction over Credit Ratings Agencies Moneylife Digital Team  2 Market regulator Securities and Exchange Board of India (SEBI) and the Competition Commission of India (CCI) have come face to face over the jurisdiction of credit rating agencies (CRAs). In a recent judgement, the competition watchdog rejected SEBI s contention to entertain a plea filed by Brickwork Ratings India Pvt Ltd against other CRAs.   In its judgement on 29 December 2020, a bench of CCI chairman Ashok Kumar Gupta and members Sangeeta Verma and Bhagwant Singh Bishnoi, says, .the Commission notes that though regulation of CRAs may be the subject-matter domain of SEBI, examining any anti-competitive conduct on the part of CRAs falls within the jurisdiction of the Commission.

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