Draft regulatory reform bill - Secretariat for Infrastructure (Planning Commission) (2009)

Secretariat for Infrastructure (Planning Commission)
12 Oct, 2010 . 1 min read
This document is a draft regulatory reform bill that has been made in response to the economic liberalization process that has been claimed to distance the relationship between State ownership and its responsibility for providing infrastructure services, as compared to the earlier situation, where infrastructure was provided almost exclusively by the public sector.
This has ushered a gradual shift towards private investment in infrastructure services where independent regulation assumes a critical role.

The key provisions of the draft bill include an institutional framework for regulatory commissions, their role and functions, accountability to the legislature and interface with the markets and the people. The proposed bill, if enacted, will supplement the existing sector-specific laws that set out sectoral objectives.

The sectors to which the draft bill applies include electricity, oil, gas and coal, telecommunications and internet, broadcasting and cable T.V., posts, airports, ports and inland waterways, railways, mass rapid transportation systems, highways, water supply and sanitation.

The original document can be viewed here on the Secretariat for Infrastructure, Planning Commission website

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Draft regulatory reform bill - Secretariat for Infrastructure - Planning Commission (2009)
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Policies, Laws and Regulations
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India
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