2) Regulators do not exist in a vacuum outside government policy and while regulators have independence in performing their role, they still fall within the broad definition of the executive branch of the State, and are accountable to the legislature. Analyse.
- February 22, 2018
- Posted by: INSIGHTS
- Category: INSIGHTS
Topic: Parliament and State Legislatures – structure, functioning, conduct of business, powers & privileges and issues arising out of these; Statutory, regulatory and various quasi-judicial bodies
2) Regulators do not exist in a vacuum outside government policy and while regulators have independence in performing their role, they still fall within the broad definition of the executive branch of the State, and are accountable to the legislature. Analyse. (250 Words)
Why this question?
This question is very important for Mains. As regulators and their role is constantly in news, parliament oversight on them is a pressing issue.
Key demand of the question:
Though it’s in the statement form, its demand is straightforward – What is the role of Parliament with respect to Regulatory bodies? What are the ways to strengthen parliamentary oversight of regulators? What has the role of parliamentary Standing Committees been, in this respect? How is this goal achieved in other parliamentary democracies?
Analyse: Divide answer into 4 parts, and within each part examine each aspects again by categorising into sub-parts (for ex, in the first part, categories(sub-parts) can be – Questions hour, Finance committees etc). For every part, give an example from current affairs. Paper-2 answers must be strictly linked to current affairs. If you write only theoretical part – that too without facts, you will score less marks.
Structure of Answer:
In the introduction write about need for regulating regulators, that too by the parliament. Link it with important current affair.
In the body, there should be Four Parts as discussed above (under Key Demand). Each part should have sub-parts. Write only important points. It’s a challenge to write such lengthy answers within 9-10 minutes, but you should practice such questions to be more comfortable in answering other questions.
In the conclusion, write about importance of regulators for the Indian polity and economy, and how parliamentary oversight should not affect autonomy of regulators.
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