News: Civil servants rush to regulatory bodies as post-retirement jobs dry

Benefits & Rewards

Civil servants rush to regulatory bodies as post-retirement jobs dry

Bureaucrats refuse to retire is how a top government official explained the rush for a regulator’s job. Indeed, 100 applications for the post of chairman of the Competition Commission of India (CCI), 55 for the top job at Securities and Exchange Board of India (Sebi) and a few months ago as many as 77 aspirants to be the chief at Telecom Regulatory Authority of India (Trai) seem like a rush. Supplies are drying up — ex-bureaucrats are not being appointed as governors any longer, Planning Commission plum posts have disappeared, and many of the government committees are being manned by streams other than IAS, pointed out a retired civil servant who also has been a regulator. “In such a scenario, regulatory jobs have turned more attractive,’’ he said.

Bureaucrats refuse to retire is how a top government official explained the rush for a regulator’s job. Indeed, 100 applications for the post of chairman of the Competition Commission of India (CCI), 55 for the top job at Securities and Exchange Board of India (Sebi) and a few months ago as many as 77 aspirants to be the chief at Telecom Regulatory Authority of India (Trai) seem like a rush. Supplies are drying up — ex-bureaucrats are not being appointed as governors any longer, Planning Commission plum posts have disappeared, and many of the government committees are being manned by streams other than IAS, pointed out a retired civil servant who also has been a regulator. “In such a scenario, regulatory jobs have turned more attractive,’’ he said.

Read the story more on Business Standard here

Read full story

Topics: Benefits & Rewards, #National

Did you find this story helpful?

Author


QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1596198837/mag-august-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Interested in daily dose of short & crisp insights from the world of work?