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Regulatory
Review and Analysis Key to Regulatory Improvement, says
Planning Commission Member
New Delhi, December 04, 2009
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“There is an
immense need for carrying out regulatory reviews
and analysis of the impact of current regulations
as well as regulatory alternatives in order to
implement forward looking changes” said Arun Maira,
Member, Planning Commission of India at the
OECD-CUTS Seminar on “Regulatory Reform and
Building Governance Capacities in India” organised
here. CUTS International is a civil society
organisation which has been at the forefront of
developing popular understanding of regulatory
issues and undertaking research and advocacy for
promotion of related necessary reform in India as
well as other developing countries.
Maira was reacting
to a series of presentations made by CUTS and OECD
staff on the state of regulation and underlying
practices in the Indian economy as well as those
in vogue in OECD countries. He pointed to the need
for knowledge sharing but cautioned that there is
a need for well considered adaptation before
applying the experiences of other countries to
that of India.
Earlier, Richard
Boucher, Deputy Secretary General of OECD, opened
the conference and pointed to the need to fine
tune regulation for improved economic growth as
both over and under regulation are dangerous. He
highlighted the long tradition of the OECD in
undertaking work on regulatory issues with a view
to improving welfare in various countries and
informed the gathering about OECD intentions to
undertake such work in close cooperation with the
Indian government.
Besides presenters
from OECD and CUTS International, other speakers
at the conference included Geeta Gouri, Member,
Competition Commission of India who focused on the
need to strengthen the culture of competition in
the Indian economy; Vijay Mathur, former Chairman,
Airport Authority of India who emphasised the need
to build public awareness on regulatory and
competition issues; Mukesh Kacker, Director
General, CUTS Institute for Regulation and
Competition whose study of the civil aviation
sector highlighted the need for regulatory
simplification, clarity and transparency; and
Payal Malik, Associate Professor of Economics,
Delhi University who stressed on the need for
regulatory coherence and coordination.
The conference was
attended by a representative set of stakeholders
drawn from government officials, regulators,
academia and lawyers among others.
For
further information please contact:
Siddhartha Mitra,
+91 97833
98920,
SM2@cuts.org
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