There is no need to amend the RTI Act in the country even though there are inbuilt weaknesses in it, the Union Minister of Corporate Affairs, Mr Veerappa Moily, said here on Monday.
"Though there may be some inbuilt weaknesses in the RTI Act, there, however, is no reason for any amendment to it. However, there can be national debate on these issues but not mere amendments," he said while speaking at an interactive session of the Indian Chamber of Commerce.
According to the Minister, the RTI Act while empowering citizens, should not be used as an instrument for oppression or to cater to vested interests or agendas of political parties.
The Companies Bill 2009 is likely to be placed in the winter session of the Parliament, Mr Moily said.
According to him, the Government will play the role of facilitator for companies.
"The new Bill already sent to the standing committee for approval is likely to be presented during the winter session of Parliament," he said.
Competition Policy
According to Mr Moily, the national Competition policy is likely to come into effect by the end of this year.
"Ideally a law should follow a policy but however this is not the case," Mr Moily said.
He said that the competition policy would focus on high GDP growth and control inflation.
"Monetary policy should be the last option to tackle inflation. The competition policy itself should help bring down inflation," he said.