ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Regulating Utilities: A Legislative Framework

The Draft Regulatory Reform Bill which was prepared by the Planning Commission in 2009 but is yet to be finalised hopes to introduce a common legislative framework and institutional architecture for public utility regulatory commissions in various infrastructure sectors. This article argues that the bill does not take into account the constitutionally mandated separation of powers and the principles of federalism. It suggests the need for a statutory macro-regulatory coordination body that respects these principles. It further examines the role of the institutional framework in ensuring the independence and effectiveness of regulators.

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