Approach to regulation of infrastructure

This paper analyses the current state of regulatory law and the associated institutional framework in India applicable to some of the key infrastructure sectors. Because the system in each sector has been put in place as policies have evolved at different times, there is an uneven approach to regulation across and at time even within different sectors of the economy. The paper sets out the objectives of regulating infrastructure sectors, and argues the case for establishing an overarching framework in order to eliminate divergent mandates currently prescribed for various sectoral regulators.

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