Appointing regulators | Business Standard

Appointing regulators | Business Standard

Online comment posted on May 27, 2013:


M G WARRIER
Beyond the suggestion to involve the Opposition as a matter of course while appointing regulators, the edit can reasonably be expected to open a debate on all appointments to top positions and perhaps succession plans in general in the fast changing Indian growth scenario. Conventions, tradition and even the ‘legal positions’ should not come in the way of changing systems and procedures to accommodate the compulsions of changing times. The absence of succession plans in place has damaged financial institutions like UTI. May be, casual appointments at the top would make ‘management’ of organisations easier for political leadership. When something goes wrong, the blame can easily be thrown at the ‘inefficiency’ of the public sector, creating further ground for privatisation. The government’s casual approach to succession plans for top crucial positions has started affecting even the day-to-day administration of important ministries and departments. Top positions in statutory bodies and PSUs should not be considered ‘assets’ to be shared among coalition partners.

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