Page 2 - Regulation Making
Reducing regulatory intervention in system a priority: DCGI Raghuvanshi
Drugs Controller General of India (DCGI) Rajeev Singh Raghuvanshi on Thursday said bringing down regulatory intervention in the system and making it more simpler is a top priority for the organisation. The DCGI is the apex authority in the country responsible for approval of licences of specified categories of drugs such as blood and blood products, intravenous fluids, vaccine and serum. It functions under the Directorate General of Health Services (DGHS) of the Ministry of Health. Delivering a lecture at the CSIR-Indian Institute of Chemical Technology (IICT) here on the occasion of National Technology Day, he said there are currently many licences and interventions present in the system with a scope of making it much more simpler. "...our (DCGI) current priorities for a couple of years, the first being, (we) want to reduce the regulatory intervention in the system. There are lot of licences and interventions. There is a scope of making it much more simpler. That is one area, where
 "Reducing regulatory intervention in system a priority: DCGI Raghuvanshi")
IBBI seeks public ideas, comments on regulations under insolvency law
The Insolvency and Bankruptcy Board of India (IBBI) has sought public comments on the regulations notified till date under the insolvency law as it looks to crowd source ideas for the regulatory framework. Noting that public consultation enables collective choice, IBBI said participation of the public, particularly the stakeholders in the insolvency ecosystem ensures that the regulations are informed by the legitimate needs of those interested in and affected by the regulations. IBBI is a key institution in implementing the Insolvency and Bankruptcy Code (IBC), which came into force in late 2016. "In a dynamic environment, despite the best of efforts and intentions, a regulator in such novel and emerging regulatory regime may not always be able to address the ground realities. "Further, the stakeholders may contemplate, at leisure, the important issues in the extant regulatory framework that hinder transactions and offer alternate solutions to address them. This is akin to ...
 "IBBI seeks public ideas, comments on regulations under insolvency law")
The UN needs to start regulating the 'Wild West' of artificial intelligence
The proposal for a regulation on AI published by the European Commission recently is the first document of its kind to attempt to tame the multi-tentacled beast that is artificial intelligence
 "The UN needs to start regulating the 'Wild West' of artificial intelligence")
The democratic deficit in regulation making
We require special care when giving unelected officials the power to write law
 "The democratic deficit in regulation making")
