Advertisement

HindustanTimes Sat,27 Dec 2014

Lobbying needs to be defined: Sachin Pilot

PTI  New Delhi, December 23, 2012
First Published: 22:07 IST(23/12/2012) | Last Updated: 22:08 IST(23/12/2012)

Calling for a need to define lobbying through a legal framework to differentiate between advocacy and bribery, corporate affairs minister Sachin Pilot on Sunday spoke in favour of disclosures by companies and industry bodies about their representations to the government on specific policy issues.

Advertisement

“I think that time has come to define what is acceptable and what is not,” said Pilot. “What is legal and what is not legal. I think, in most countries we have that definition, but in India, it is pretty vague. It is wrong to assume that lobbying means bribery.”

Lobbying has recently been in the news after it came to light that various global companies, including retail giant Wal-Mart, lobbied with US lawmakers to push for their entry in the Indian market.

Asked whether companies and industry bodies in India should also make such disclosures, Pilot said: “I think, they should. There is no harm in making the disclosures if you are officially calling upon certain official or a minister, MLAs, MPs or even a Sarpanch to say that there is something of their interest and request for facilitating the same."


Advertisement
more from Business

Revival plan: SpiceJet eyes Rs 1,200 crequity infusion, govt unimpressed

Ailing budget carrier SpiceJet has told aviation ministry officials that it is hopeful of receiving an equity infusion of Rs 1,200 crore and arranging another Rs 600 crore through external commercial borrowings by March next year.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved