ISSN (Online) - 2349-8846
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Political Economy of Independent Regulation in India’s Natural Gas Industry

Sudha Mahalingam ( is a PhD scholar at the University of Technology, Sydney and former member of the Petroleum and Natural Gas Regulation Board. Deepak Sharma (deepak. is with the Centre for Energy Policy, Faculty of Engineering and Technology, University of Technology, Sydney..

Based on a case study of India's downstream hydrocarbon regulator, this article argues that the success or failure of independent regulation in industries supplying basic goods and services is determined by the politico-economic context in which the regulator functions. In a developing country with a large number of poor people without access to basic necessities such as water, energy, or roads, independent economic regulation by itself can deliver little, unless backed by a strong political will


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