Budget 2015: Arun Jaitley pushes for overhaul of regulatory, dispute resolution system
Finance minister emphasizes need to have procurement law
New Delhi: In a bid to simplify dispute resolution and regulatory procedures related to infrastructure, finance minister Arun Jaitley on Saturday unleashed a series of measures. The government, still dealing with the aftermath of coal and 2G allocation scams, is specifically targeting conflicts that public contracts in infrastructure give rise to. There is also a push to cut the red tape and eliminate time-consuming approval procedures.