InderPal Singh Bindra Appointed as Secretary of Competition Commission of India
| Aspect | Details |
|---|---|
| Name | InderPal Singh Bindra |
| Designation | Secretary of the Competition Commission of India (CCI) |
| Replaces | Anupama Anand (IRS officer, resigned within 8 months of joining) |
| Tenure | 3 years from the date of assuming office |
| CCI Establishment | 14 October 2003; fully functional from May 2009 |
| First Chairman | Dhanendra Kumar |
| CCI Composition | Chairperson and 6 Members appointed by the Central Government |
| CCI's Role | Enforce the Competition Act, 2002; promote competition; prevent adverse effects on competition; approve combinations; protect consumer interests |
| Goal | Create and sustain fair competition; provide a level playing field; ensure markets work for consumer welfare |
| Competition Importance | Ensures broadest range of goods/services at competitive prices; reduces costs; increases innovation and specialization |