CUTS International, CUTS
Institute for Regulation & Competition (CIRC)
& Planning Commission of India
Regulatory Reforms in India: Focus on Draft Regulatory
Reform Bill
- A Roundtable May 18, 2010, New Delhi
CUTS International and CUTS Institute for
Regulation & Competition (CIRC) with the
support of Planning Commission of India
organised a meeting on implementing
regulatory reforms in India with a focus on
the draft regulatory bill. The regulatory
environment in India which has developed
over a period of time does not appear to be
homogeneous across sectors or states.
An
important step towards achieving a homogeneous
approach is the drafting of the Regulatory Reform
Bill by the Planning Commission of India. The
Draft Bill has been placed in the public domain
for eliciting views and opinions on the nature and
extent of legislative action necessary for
reforming the regulation of key infrastructure
services.
Thus,
the aim of the meeting was to promote open
exchange and sharing of experiences with a view to
provide valuable inputs for implementation of
regulatory reforms in India. As an outcome of the
seminar, a memorandum was prepared by CUTS and
submitted to the Department of Economic Affairs,
Government of India and to the Parliamentary
Standing Committee on Finance for the adoption of
the Regulatory Reforms Bill (with suggested
changes).
Thus,
the aim of the meeting was to promote open
exchange and sharing of experiences with a view to
provide valuable inputs for implementation of
regulatory reforms in India. As an outcome of the
seminar, a memorandum was prepared by CUTS and
submitted to the Department of Economic Affairs,
Government of India and to the Parliamentary
Standing Committee on Finance for the adoption of
the Regulatory Reforms Bill (with suggested
changes).