India Competition and Regulation Report (ICRR 2011)


ICRR 2011 – Synopsis

CUTS Centre for Competition, Investment and Economic Regulation (CUTS C-CIER) has undertaken the project on India Competition and Regulation Report (ICRR) against the background that while India has embraced market-oriented economic reforms, there is, as yet, no periodic review to assess functioning of markets in the country. This is desirable given the existence of distortions in economic management of the country that impede realisation of competitive outcomes. Considering the important role of market forces in a liberalised economic regime, there is a need to do periodic assessment of competition and regulation scenario in the country. ICRR is an attempt to fill this vacuum. It would highlight various distortions in economic management of the country and provide inputs on a periodic basis to policy community as well as other stakeholders for taking necessary actions to promote well-functioning markets.

The project is supported by Ministry of Foreign affairs through the Royal Norwegian Embassy in New Delhi (India).

The report contains the following chapters:

Chapter 1:

An Overview

Chapter 2:

Perception and Awareness Reporting

Chapter 3:

Is India’s Regulatory System Bust?

Chapter 4:

Is there a Case for the Essential Facilities Doctrine in India?

Chapter 5:

Regulation of Microfinance Institutions in India

Chapter 6:

Regulatory Reforms in Natural Gas Sector

Chapter 7:

Indian Real Estate & Residential Housing: Case for a Regulator

Chapter 8:

Regulating Retail Distribution in India: Remove Impediments to Competition and Growth

Chapter 9:

Public Road (Passenger) Transport Regulation in India

Chapter 10:

Telecom Regulations in India: Recent Lessons and the Way Forward

Chapter 11:

Epilogue: The Unfinished and Urgent Agenda