New Chairman of CCI

January 2016, Appointment
In Brief:

Former Gujarat cadre IAS officer Devender Kumar Sikri has taken oath as the Chairman of Competition Commission of India.

Mr. Sikri, a 1975 batch IAS officer, replaces Ashok Chawla who demitted office and will be the third chairman of the CCI. Mr. Chawla had taken over from Dhanendra Kumar. The 62-year-old Mr. Sikri, who superannuated as secretary, department of justice in July 31, 2013, will have a two-and-a-half year tenure (till he attains 65 years of age). The CCI chairperson is paid a consolidated monthly salary of Rs 4.5 lakh (without house and car).
Mr. Sikri holds an M. Phil. degree, a Masters degree in Advanced Mathematics and has also done an Advance Professional Course in Public Administration from Indian Institute of Public Administration (IIPA), Delhi.
He is a seasoned bureaucrat having held the position of Secretary, Department of Justice, Secretary, Ministry of Women & Child Development; Registrar General and Census Commissioner of India. 
What is CCI?
The Commission was established in 2003 to replace the erstwhile Monopolies and Restrictive Trade Practices Commission. The Commission draws its power from the 
Competition Act, 2002 and has been empowered to check anti-competitive behaviour and regulate mergers & acquisitions.

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