swamilook: Federal , Centralise Or Decentralise, Merge Or Demerge , et al

Musings < Sporadic Jottings
:
Mar 22

Persistence is the key - Very much needed before the exams

Persistence is the key - Very much needed before the exams #

# Commented

Star News :
BS

Whither the nation is heading ?????????
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Dissecting the Convergence of the Securities Markets and the Commodities Markets Regulators

Economic Survey 2014: GST seen as a major milestone for indirect tax reform

TARC to look into amalgamation of Direct & Indirect Tax Departments

Shome may clip taxman's powers - Deccan Chronicle

TARC releases its final report on tax administration reforms ...

Washington news

BREAKING NEWS

Shades of HealthCare.gov? IRS shifting customer service online to IRS.gov

Federal Structure – underlying basic principle- Centre vs State OR coordination, co-operation, concerted efforts, action, reforms with customer (PEOPLE) FOCUS

Multiplying, laws, rules, regulations , standards, powers, authorities, ...on one side X mindset of individuals. Groups , set never bending, obedience to the unwritten law becoming increasingly scarce on the other- a game of TUG OF WAR

Battle of wits X Battle of NO WITS but of EGO- self-centric not public or society centric

Governmental action, Thoughts, conceptions – hanging, mutually varying with no uniformity but fragmented, widely at loggerheads

Vesting X Divesting of Powers/Authority

Spl Committee(s)’-

Report (s) on Reforms- mutual incompatibility, inconsistency, aberration, deviation, is it unavoidable or NOT

Instances-

Profession- CA- regulatory or semi - or – self-regulatory

RBI clipped of, SEBI Augmented/ widened

SEBI merger with FMC

Shome – amalgamation of direct indirect tax administrations – not enough home work done ?!

Not unconnected: SC on NTT – struck down, though for different reasoning

Too many changes/departures from extant- ALL IN NAME OF LESS GOVERNMENT but MORE GOVERNANCE - Is the objective a real thing vision based, so as to expect to be accomplished, even in the long run period, even though not in foreseeable future

SHOULD CHOICE OR PREFERENCE BE to the proverbial logic and wisdom based, rooted –

1 in HAND X 2 (guessed or believed- to- be) in the bush

e.g . RTO

Whither heading?-

Control X Decontrol

Regulate x Dergulate

Centralise X Decentralise

(Karnataka e.g. > Govt to HC: Merger of CMCs was a disaster)

<A glaring instance this; of 'merger' of two (nay, more) local civic authorities, mindlessly gone ahead with, in the name of administrative reform, and late realization of the folly and its deplorable consequence of 'disaster'.

Any useful cue therefrom ?!

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Key Note:

The laudable principle underlying the basic objective, and at the root, of the host of the provisions wisely enshrined in the constitution, in pith and substance, is, -of, by, and for “the people”. The imponderable, requiring to be focused on, even at this late hour (despite the moment of truth may be regarded to have come to the fore), is,- how far and to what extent, that has been kept in mind, in leading/guiding the nation, towards that end in sharp vision.

Spl. committees >

Swamilook: December 2013

Reforming the Regulatory Architecture of India's Financial ...

Legislative and Regulatory Reform Bill: Third Report of ...

(UK Experience ?)

CUTS Comments on the Report of the Committee for ...

(Global EXperience?)

<> Should not ‘reforms’, of any kind, if were to be expected to serve the intended /avowed purpose, need to be ideally conceived , – founded on principally , among others, - unbiased views, out-of-box, and inclusive considerations , multi-dimensional vision/ outlook on humanity , compromise on factors /facets conclusively proved to have been inevitable and beyond human control, 'will' as opposed to / despite 'wish' ?!

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Cross Refer/TAG: Previous Blogs on ‘related’ topics

e.g.

Dissecting the Convergence of the Securities Markets and the Commodities Markets Regulators