<h1>Union Cabinet Reduces Competition Commission Size to Streamline Processes and Boost Governance Efficiency.</h1> The Union Cabinet, led by the Prime Minister, has approved a reduction in the size of the Competition Commission of India (CCI) from one Chairperson and six Members to one Chairperson and three Members. This decision aligns with the government's 'Minimum Government - Maximum Governance' initiative and aims to streamline the mergers and amalgamations process by reducing the number of mandatory notices enterprises must submit. This change is expected to expedite hearings and approvals, enhancing corporate business processes and potentially increasing employment opportunities. The move follows amendments to the Competition Act, which previously allowed for a larger commission size.