Business Standard

Regulators don't need constitutional status

Accountability and transparency are effective ways of ensuring that they remain truly independent

chart
Premium

Bhargavi Zaveri
Should Indian regulatory agencies be given constitutional status? Many people argue that Indian regulatory agencies are often unable to withstand political pressure from the elected government of the day, which affects the way they perform their functions. They argue that hard-coding regulators in the constitution would “restore symmetry” between regulatory agencies and the elected government. This argument is as tenuous as it is tempting, and should be buried lock, stock, and barrel for three reasons.

Purpose of a Constitution

Why are some public bodies hardwired in a Constitution, but not others? Should every public agency that is supposed to be
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in