Competition and Regulation in India: Evaluation of Status & Perceptions and Associated Advocacy (ICRR Project, 2011) PROSAIG Advisory Group Meeting 8 th December 2011 Suparna Karmakar, Senior Fellow, CUTS Institute for Regulation and Competition, New Delhi.

Background  Goal Enhance the quality of regulation and level of competition in six select sectors of the economy viz. Retail, Natural Gas, Microfinance, Telecommunications, Real Estate (residential) and Road Transport, in addition to thematic papers as: Political Economy of Regulation in India, Essential Facilities Doctrine and Financial Sector Regulation in India  Purpose To provide suggestions and thereby stimulate action by governments (Central and State) and their agencies in regard to regulatory reform  Period January 2011 – December 2012 (24 months)  Partner Norwegian School of Management (BI), Norway.

National Reference Group  A National Reference Group was created to ensure quality in project execution as per stipulated plan. Subject experts, academicians and practitioners, government officials, civil society representatives constitute the RG.  Dr Anupam Khanna, Senior Economist and Director General, Policy, NASSCOM, appointed as the Overall Research Adviser for the ICRR Project  The first meeting of the RG was organised on 29 th January to launch the project and to deliberate on the structure and contents of the report, methodology for undertaking perception survey and identification of writers/reviewers, etc.

Project in Progress January March 2011  Operational Strategy note, project timelines and webpage  Literature review and interviews of key experts and practitioners, etc to finalise project TORs  Formation of a National Reference Group (NRG)  Project Launch Meeting held and 1 st meeting of the NRG organised on January 29, 2011 April 2011-June 2011  Finalisation of the questionnaires for perception survey  Identification of local partners to carry out the survey  Start of the Perception Survey across 11 states of India  Collated comments on preliminary Draft chapters from experts vide the International Symposium  Stakeholder meetings for Retail and Real Estate sector inputs July September 2011  Completion of stakeholder Perception Survey 2011  Compilation and computation of survey data  Obtained first draft of the chapters from the writers and external reviewer comments October December 2011  Received revised drafts from Authors  Finalisation of the report based on reviewer comments and revised draft chapters from contributors

Outputs January June 2011  An international symposium for stakeholder and expert deliberations on the proposed sectors and focus of the report  Stakeholder Perception Survey undertaken covering over 900 respondents from across 11 states of India July December 2011  Newspaper op-eds to disseminate project findings and analysis of current Regulatory Developments in India Get Retail Regulation Right, 16 Jun, Business Standard APMCs hold key to Retail Reform, 26 Nov, Business Line Do we need a Retail Regulator?, 2 Dec, Business Standard  Finalisation of the draft report (Competition and Regulation in India, 2011) in consultation with Project Adviser Dr. Anupam Khanna January June 2012  Official release of the final report in India and in Norway  Six briefing papers, one each on the competition and regulatory scenario in each of the studied sectors; and one policy brief summarising the policy recommendations  Four advocacy and capacity building workshops

Planned Activities (1) January - June 2012 Internal review and finalisation of the draft report Publication of report Release of draft report in India, March 2012 Preparation of the Policy Brief and Briefing Papers Release of draft report in Norway, May 2012

July - December 2012 Advocacy and capacity building Seminars in India for dissemination of the draft report and other findings, August – September 2012 Meeting with policymakers on the final report and project recommendations in India, November 2012 Project Report Submission, December 2012 Planned Activities (2)

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