Do not create atmosphere of fear, says CII

Reputations of institutions and individuals take years to build and therefore, extreme caution needs to be exercised before any action is taken, says Kris Gopalakrishnan, president of CII

GN Bureau | October 18, 2013



The industry chamber, CII, has expressed concern over action against respected and reputed individuals by CBI. It said that it should be ensured that atmosphere of fear is not created.

Reacting strongly to the case being registered by the CBI against Kumar Mangalam Birla, chairman of Aditya Birla group, CII in a press release issued on Friday said, “While it is absolutely within CBI’s rights to proceed against any person to ensure that the law of the land is preserved, irrespective of the stature of the person, it is desirable to ensure that all facts of the case are laid upfront before proceeding against respected and reputed individuals."
The CBI on Tuesday had filed a case against Mangalam in the allocation of a coal block in Odisha in 2005.

Kris Gopalakrishnan, president of CII said that reputations of institutions and individuals take years to build and therefore, extreme caution needs to be exercised before any action is taken. He said, “Every effort should be made to ensure that there is no atmosphere of fear created, when it comes to decision making. Swift decisions and transparent policy environment are pre requisites of an enabling business climate. This is best done if the government and industry work together.

On the issue of allocation of natural resources, the CII said that there is no one method applied to all the natural resources, when it comes to pricing and allocation. However, it added, every effort must be made to ensure that the process followed for a particular kind of natural resource ensures that there is no human discretion possible, even while ensuring that the national interests are given supremacy.

Comments

 

Other News

Income Tax dept holds Ghatkopar Outreach on new IT Act

The Income Tax Department organised an outreach programme in Ghatkopar, Mumbai, to raise awareness about the key features of the Income Tax Act, 2025, effective April 1, 2026. The initiative is part of a nationwide effort to promote taxpayer awareness, simplify compliance, and strengthen a transparent, eff

Making AI work where governance is closest to people

India’s next governance leap may not solely come from digitisation. It will come from making public systems more intelligent, more adaptive, and more responsive to the dynamics at the grassroots. That opportunity is especially significant at the panchayat level, where governance is not an abstract po

Borrowing troubles: How small loans are quietly trapping youth

A silent crisis is playing out in the pocket of young India, not in stock markets or government treasuries, but in smartphones of college students and first-jobbers who clicked on the Apply Now button without reading the small print.  A decade ago, to take a loan, you had to do some paperwor

A 19th-century pilgrim’s progress

The Travels of a Sadhu in the Himalayas By Jaladhar Sen (Translated by Somdatta Mandal) Speaking Tiger Books, 259 pages, ₹499.00  

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter