Moving the bill, passed in Lok Sabha yesterday, Minister for Law and Telecom Ravi Shankar Prasad said the focus of the measure was to remove "a palpable anomaly" as the existing law provided that a former TRAI Chairman could take up private job two years after retirement but not a government job ever in his life.
Other regulatory bodies like Competition Commission, Airports Economic Regulatory Authority and SEBI do not have such provision, he said, adding the government decided to amend the law to bring parity among all regulatory bodies.
"The scope of the bill is very limited and it is to create equality among all regulatory bodies," Prasad said.
T Subbirami Reddy (Cong) moved a statutory resolution to disapprove the The Telecom Regulatory Authority of India (Amendment) Ordinance issued earlier to appoint Misra as Principal Secretary to Prime Minister, saying the ordinance was like a 'Brahmastra' which should be used rarely by the government.
The TRAI Bill replaces an ordinance issued on May 28 to amend a clause in the TRAI Act by which Misra could not have been appointed to any government post after retirement.
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