TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    elhi Police Bust Mamata’s Fake Assault Narrative in Hours

    Mamata Banerjee Shares ‘Fake’ Video of assault on Bengali woman, Delhi Police Call It Fabricated

    After RSS, VHP Too Seeks a Debate on Scrapping Emergency Era Additions 'Secular' and 'Socialist'

    After RSS, VHP Too Seeks a Debate on Scrapping Emergency Era Additions ‘Secular’ and ‘Socialist’

    All 3 Terrorists Behind Pahalgam Attack Eliminated in Operation Mahadev: Amit Shah In Lok Sabha

    All 3 Terrorists Behind Pahalgam Attack Eliminated in Operation Mahadev: Amit Shah In Lok Sabha

    Cracks in Congress Widen as National Security Debate Exposes Internal Rift

    Cracks in Congress Widen: Manish Tewari Shares Cryptic Post After Being Silenced in Operation Sindoor Debate

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    elhi Police Bust Mamata’s Fake Assault Narrative in Hours

    Mamata Banerjee Shares ‘Fake’ Video of assault on Bengali woman, Delhi Police Call It Fabricated

    After RSS, VHP Too Seeks a Debate on Scrapping Emergency Era Additions 'Secular' and 'Socialist'

    After RSS, VHP Too Seeks a Debate on Scrapping Emergency Era Additions ‘Secular’ and ‘Socialist’

    All 3 Terrorists Behind Pahalgam Attack Eliminated in Operation Mahadev: Amit Shah In Lok Sabha

    All 3 Terrorists Behind Pahalgam Attack Eliminated in Operation Mahadev: Amit Shah In Lok Sabha

    Cracks in Congress Widen as National Security Debate Exposes Internal Rift

    Cracks in Congress Widen: Manish Tewari Shares Cryptic Post After Being Silenced in Operation Sindoor Debate

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

This is how Modi Govt. is eliminating sluggish bureaucracy and red-tapism

Amit Agrahari by Amit Agrahari
16 August 2018
in Economy
independent, regulatory, authorities

PC: tycoonstory.com

Share on FacebookShare on X

In recent years, there has been a surge in the number of independent regulatory authorities in the country. The success of Telecom Regulatory Authority of India (TRAI) and the Securities and Exchange Board of India (SEBI) has propelled the government to create independent regulatory authorities in other sectors as well.  An independent regulatory authority is an autonomous authority over some area of human activity in a regulatory or supervisory capacity and is independent of the government. The trend has been followed in other free-market economies like the United States over the decades, it is not new to India as SEBI dates back to 1992 but the surge in numbers is relatively very new.

In recent days the committees formed by the government proposed three new independent regulatory authorities. The draft on e-commerce policy proposed a national e-commerce regulator to look after the e-commerce market in the country. The Sri Krishna committee on data security proposed an independent high-powered statutory authority with regulatory capacities for data protection. The consumer protection bill proposed an independent body to ensure the rights of consumers and look after their feedbacks. The financial markets of the country were prone to scams and many high profile cases forced the government to set up an independent regulatory authority. To regulate the insurance market the government constituted the Insurance Regulatory and Development Authority (IRDA) in 1999. After implementing the Competition Act, the government constituted Competition Commission of India (CCI) to promote and sustain fair competition. Similarly, to regulate the pension funds market Pension Fund Regulatory & Development Authority (PFRDA) was established by the government in 2003. Another important independent regulator is the Central Electricity Regulatory Commission (CERC) which was established in 1998 to look after electricity tariffs and subsidies.

RelatedPosts

Lokpal Clears Former SEBI Chief Madhabi Puri Buch of All Allegations

Soros-propagandist Hindenburg dies excruciating death, leaves Rahul Gandhi in doom and gloom

Another dud cartridge by Hindenburg: SEBI Chief Madhabi Puri Buch cleared in probe, say government sources

Load More

If we analyze the year of the constitution of these regulatory authorities, the fact that comes before us is that these were established by the government which believed in free markets with minimum government control, be it the Narasimha Rao government or the Atal Bihari Vajpayee and Modi government. The political parties or leaders who believe in governmental interference in the market for political gains do not go for independent regulatory authorities. The crony capitalistic nature of these governments where the contracts are offered to the businessman on the basis of their proximity to leaders or party stop them from creating an independent regulatory authority because this will take power out of their hands.

The independent authorities do benefit the markets and the businesses. They save the market from unnecessary governmental and bureaucratic control which delays the decision-making process. The contract offering and regulation becomes less prone to political corruption and the fair competition instead of political links drive the market. The fair competition leads to more desired outcome and benefit to consumer, government, and people of the country. The regulators also save the time wastage taken to resolve the cases in courts as most of the claims are settled by these regulators or their appellate tribunals. The regulators pick up professionals in the field so they are better equipped to look after the cases than the bureaucrats who are a jack of all but master of none.

So given the enormous benefits of independent regulators, the government should use them to regulate the markets instead of picking the know-all, well for nothing bureaucrats who unnecessarily delay and obstruct everything. The three new regulators should be constituted soon for fair outcomes.

Tags: bureaucracyModi Government AchievementsRed tapesSEBI
Share68TweetSend
Previous Post

The economic dystopia that a Third front government will bring

Next Post

Major jolt to AAP: Aam Aadmi Party leader Ashutosh quits party

Related Posts

India Bans 25 OTT Platforms
Business

India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

25 July 2025

In a major crackdown on obscene content, the Central government has directed Internet Service Providers (ISPs) to block access...

Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement
Economy

India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

24 July 2025

In a landmark moment that is set to reshape the trajectory of economic collaboration between two major democracies, India...

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India
Finance

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

23 July 2025

What turns an ordinary stock into a strategic signal for a nation’s future? The share price of Hindustan Zinc...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited