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Making a strong pitch for free and fair decisions by bureaucrats, Finance Minister Arun Jaitley has said that amendment to Prevention of Corruption Act is on cards.
He said that present Act was drafted in 1988, before liberalisation process started in 1991.
The language of the Act is deterring a large number of public servants particularly civil servants from taking decisions, he said while informing that the Law Commission has sent its recommendations that in the changed environment, it requires a re-look. “A large number of criminal cases, both against industry and decision makers, which have recently in the last few years disrupted the economic and business environment in this country, required to be seriously addressed by looking at the language of that,” he said.
He also called for help from India Inc in finalising the amendments.
“I would urge everybody including the industry to carefully set up working groups and assist in the process of this debate as to what kind of changes are required, where errors in decision making could be contra distinct and dealt with separately from corruption in decision making,” he said.
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