GS IAS Logo

< Previous | Contents | Next >

2.3. Categories of Regulators in India

Independent regularity authorities (IRAs) are agencies of modern democratic governments, parts of the executive wing with a certain degree of statutory or constitutional autonomy, reporting directly to the legislature. Like the general executive, they are accountable to the legislature and subject to judicial review.

There are primarily two types of regulatory agencies:

 

2.3.1. Statutory Independent Regulatory Agencies2.3.2. Self Regulatory Authorities