Report of the Committee for Reforming the Regulatory Environment ...
Report of the Committee for Reforming the Regulatory Environment ...
Report of the Committee for Reforming the Regulatory Environment ...
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into <strong>the</strong> need <strong>for</strong> such an organisation, <strong>the</strong> ability toman that organisation appropriately and to invest itwith functional autonomy. The experience <strong>of</strong> someregulatory authorities has been that in <strong>the</strong> guise <strong>of</strong>administrative accountability, functional autonomytends to get impeded and consequently regulatoryorganisations sometimes began to resemblesubordinate <strong>of</strong>fices <strong>of</strong> <strong>the</strong> Government Ministries andDepartments.3.2 Setting up a new regulatory organisation shouldnot be a knee-jerk response to a specific situation orcontext, but a well thought-out disengagement plan <strong>of</strong><strong>the</strong> Ministry or Department concerned to move awayfrom writing out and implementing regulations.3.3 In order to rein<strong>for</strong>ce <strong>the</strong> confidence <strong>of</strong> <strong>the</strong>regulated universe and o<strong>the</strong>r stakeholders, regulatoryorganisations should undertake a self-evaluation <strong>of</strong><strong>the</strong>mselves once in three years, and put out <strong>the</strong>30