The panel has submitted its recommendations along with the draft bill. Companies like Apple, Google, Flipkart & Zomato have opposed pre-emptive regulations, say it would curb innovation.
Food delivery and e-commerce are two sectors where the government has created an indirect mechanism to stop the duopoly system, without clipping the wings of the giants.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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