ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Conflict of interestSubscribe to Conflict of interest

Equity Stake of Government in Vodafone

Vodafone Idea, a key telecom player in India, risks closure thanks to its massive commercial debt and the substantial levies and penalties it owes to the government. Its exit would weaken competition and hurt exchequer revenues. The government has offered to accept equity in Vodafone Idea as part payment to mitigate this risk. With its existing equity in BSNL/MTNL, the government faces a serious confl ict of interest through ownership in competing companies. Merging these companies would help them and promote policy objectives better.

A Tale of Tangled Lines

​ A Bureaucrat Fights Back: The Complete Story of Indian Reforms by Pradip Baijal, Noida: HarperCollins, 2016; pp xvi +366, ₹ 499.

The State in Business and the Business of Regulation

This article seeks to dispel the notion that the law treats public sector units preferentially only in India by offering examples of preferential treatment for government-owned entities in developed countries. The solution is, therefore, to secure the credible commitment of the state to subject its corporations to the same standards as are applicable to non-state owned entities.
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