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Corporate Affairs Minister Salman Khurshid has asked the IT sector to provide inputs to the Companies Bill which will soon be presented before a standing committee of parliament.
"We are in the process of moving before the standing committee of parliament the Companies Bill, 2009. I hope your sector will make a special committee and come before the standing committee with your case," Khurshid said. He was talking at the NASSCOM seminar on 'Growth Strategies in a Reshaped Global Economy'.
Asking the industrial participation for an all-encompassing growth, Khurshid said, "We trust you, but we will also verify you. You also trust us, but at the same time verify us."
Later, Khurshid told the reporters that government has taken several initiatives towards corporate governance. "We have set up the Indian Institute for Corporate Affairs, which is an intellectual think-tank that will partner Indian Institute of Technology (IIT), Kharagpur."
Besides, the National Foundation of Corporate Governance has been founded along with the Confederation of Indian Industry.
"We are trying to demystify corporate governance. In this process, a great deal of educational programmes for the investors and investor protection will have to be implemented," he said.
He also told that is not putting forwards proposals for minorities. "We are talking of partnerships, trust. We want job opportunities to open up for all. Best affirmative action should be that we make space for those who remained denied through collaborative efforts between the government and the private sector."
