Regulatory institutions in India are still a “work in progress”, and they have not attained the kind of maturity that is needed for the emerging economy. Comment?(150 W/10 M)

Mentors Comment: It’s a straightforward question. In the discussion, you have to discuss the regulatory framework in India. Regulatory bodies are important because substantial power to make laws has shifted from elected representatives to technocrats sitting in regulatory bodies. In the intro give the present scenario of regulatory bodies in India. Highlight their functioning. In … Continue reading Regulatory institutions in India are still a “work in progress”, and they have not attained the kind of maturity that is needed for the emerging economy. Comment?(150 W/10 M)