In post-liberalized India, independent regulators were established to ensure fair competition and transparency. To what extent have independent regulators been effective in their mandates and resisted the impact of government influence on their autonomy.

The post liberalized economy mandated the need for sectoral regulators, to uphold the principles of fair competition, equitable participation and inclusive growth. Analysis of Performance of regulatory Bodies - (1) Securities and Exchange Board of India yes - i) regulating the financial capital markets. ii) Investor Protection Fund => security of retail investors - iii) quasi judicial body - iv) Innovations => TO settlement. yes - i) lack of teeth for convictions. ii) conflicting interests - eg: Involvement of SEBI chief in Relian Hindustan report. iii) lack of faith for convictions. iv) conflicting justice delivery b/w SEBI & collegiate appellate tribunal.