Logo

This book gives the overview of Regulation and Regulatory Process in India. It is to be noted that the growth of new economic policies of liberalization and globalization has triggered a mass awareness for improving the process of fair competitive environment among developing nations like India. Almost all the developing countries have operated with an unstructured competition policy till recently, and tried to justify the state interventions over economic activities. The developing countries face the challenge of establishment and maintenance of a fair competitive environment and to develop a competition policy with special reference to existing sectoral regulators who are working to ensure a competitive environment. India has established several autonomous regulatory authorities in sectors like securities markets, telecommunications, insurance, electricity and real estate after starting the phase of economic liberalization and globalization in the year 1991. Therefore, this book discusses the Constitutional and legal framework of such regulatory authorities in India.