Plan panel for 3 multi-sectoral regulators
The Planning Commission has asked the government to consider the possibility of setting up three multi-sectoral regulators for energy, communications and transport sectors.
While the energy regulator would deal with issues in electricity, oil, gas and coal, the transport sector regulator could look into rail, roads, airports and ports.
The communications sector regulator should be empowered to deal with issues concerning telecom, Internet, broadcasting, cable TV and posts.
These suggestions were made by the Commission in the draft document for the Eleventh Plan, which will be placed before the National Development Council (NDC) for final approval on Wednesday.
While making a case for multi-sectoral regulators, the document said the new structure "would eliminate proliferation of regulatory commissions, help build capacity and expertise, promote consistency of approach and save on costs."
The overhaul of the regulatory regime for the newly-opened infrastructure sectors, it added, was also necessary to "ensure that the interests of consumers are adequately protected and also that producers are fairly treated."
Stating that sectoral approach has resulted in an uneven regulatory environment, the Commission said that presently there are no regulators in some sectors like roads and railways and only partial regulators in others like ports and airports.
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