Challenges and Solutions in Implementing Regulatory Impact Assessment in India
This article explores the adoption of Regulatory Impact Assessment (RIA) in India, discussing the political economy challenges and strategies to overcome roadblocks. It outlines the working definition of RIA, addresses potential opposition from politicians and bureaucrats, and suggests ways to generate demand for RIA. Additionally, it emphasizes the importance of regulatory independence and building capacity within regulatory bodies to successfully implement RIA.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
ADOPTION OF REGULATORY IMPACT ASSESSMENT IN INDIA: POLITICAL ECONOMY CHALLENGES HOW TO OVERCOME Removing Roadblocks to Adoption of RIA in India: A Proposal Siddhartha Mitra Jadavpur University
Outline RIA: Working Definition and Roadblocks Working around the Roadblocks Generating the forces of demand and supply Demand Generation Central message to be delivered How to spread the message Building capacity to do the RIAs Removing the Roadblocks Overcoming opposition from bureaucrats and politicians Promoting regulatory independence 2
Working Definition and Roadblocks Definition: Concrete cost benefit analysis of regulatory alternatives to facilitate choice among these Roadblocks: Possible opposition from politicians and bureaucrats Politicians: promote special interests, populist regulation or focus on issue of the day Bureaucrats: promote overregulation 3
Working Around Roadblocks Deliver message to community, especially business and media Content of the message should focus on The fact that RIA maximizes net benefits Costs are kept within reasonable bounds How should the message be delivered From CUTS International to NGOs, media, chambers of commerce and business houses These in turn can feed the message to the grassroots Build capacity of staff in regulatory bodies to do RIA 4
Overcoming roadblocks Win over politicians and bureaucrats RIA provides certified documentation By maximising benefits RIA might have a salutary impact on fortunes Provides a fair and clean image Keep alive the movement for regulatory independence Regulatory independence involves separation of the state as owner of public utilities and regulator Autonomy in rule making, rule application and litigation Chicken and egg relationship between RIA and regulatory independence Promotes regulatory independence Independence in means necessary for undertaking RIA 5
Overcoming Roadblocks (2) Regulatory independence: a means of effective RIA Absence might mean that only subset of costs/benefits of regulation are focused on Costs and benefits are not quantified 6
