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This paper addresses some important issues of regulatory institutions in India. The regulators should be chosen for their economic and technical understanding of the respective sectors. They should function as an agent for the government and the consumers of the regulated utility. The pros and cons of the rate of return and price cap regulation are discussed in this article, and it is argued that price cap regulation deserves careful consideration in the debate in India.
|Item Type:||Journal Article|
|Academic Unit/Department:||Open University Business School|
|Depositing User:||Ann Cardy|
|Date Deposited:||16 Dec 2008 09:03|
|Last Modified:||19 Aug 2013 14:57|
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