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Australia || Brazil || Canada || India || South Africa || The Philippine
|| The UK || Sri Lanka
Background
The Indian government confers top priority to development of infrastructure services as a strategy to facilitate and sustain economic growth of high
order. To that effect, though private investment has been invited in most
infrastructure services however the quantum of investment taking place
is far below of expectations.
Realising the role that enabling and robust regulatory
framework can play in attracting private investments, the government entrusted
the Planning Commission, the apex think-tank, with the responsibility
to study and analyse the experiences elsewhere to suggest a world-class
regulatory framework for infrastructure sector in India.
Summary of Research Work:
The research study intends to look at governance and institutional aspects
of regulatory framework prevailing in select seven countries; perform
a comparative analysis; and come out with relevant learning for India.
Besides India, the economies selected include Australia
(Asia-pacific), Brazil (Latin America), Canada (North America), South
Africa (Africa), the Philippine (East Asia), the UK (Europe), and Sri
Lanka (South Asia). These economies represent various regions and are
at different stages of economic development. The regulatory frameworks
in these economies also offer diverse experiences.
Project objectives:
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Analyse the regulatory framework in the project
countries with regard to institutional and governance aspects, such
as regulatory objectives, mandate, independence, interface with other
agencies/authorities, enforceability, decision making process, capacity,
appellant provisions, accountability, selection and staffing.
-
Compare the regulatory framework in the project
countries, and identify key learning for India.
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Suggest ways forward to strengthen the existing
regulatory framework (i.e., policy, legislation and institutions)
in infrastructure sector in India.
Methodology:
The research would mainly rely on secondary sources of information/data.
Primary sources would also be used to procure relevant data/information
wherever required to verify and/or complement the information collected
from secondary sources.
Subject to the requirement, primary information will
be collected from the project countries with the help of identified local
institutions. In India, the perceptions and opinions of selected representative
stakeholders including regulators, investors, consumers, development agencies
etc will be recorded through organizing personal interviews.
It is proposed to look at entire gamut of infrastructure
sectors and perform an in-depth analysis of utilities i.e. energy, telecom,
and water distribution.
A draft report will be prepared and send out to experts
for comments and finalized.
Output
A report comprises comparative analysis of institutional and governance
aspects of regulatory framework in select economies, and recommendations
to India.
Timeline:
April 1, 2006 to November 30, 2006
"Regulatory Authorities: selection, tenure and
removal" - CUTS Recommendation
Implementing Organisation:
CUTS Centre for Competition, Investment and Economic Regulation
Ph: +91-141-228 2821
Fx: +91-141-228 2733, 228 2485
E-mail: c-cier@cuts.org
Website: www.cuts-international.org
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