PRG201 | Regulatory Governance and Sectoral Workshop

In his exposition of the relationship between Policy and Politics, Theodore Lowi makes a classification of three types of policies: distributive, redistributive and regulative. Since then, this classification is hugely accepted. With this broader context, this course aims to introduce students to application of regulations in specific sectoral contexts. The course is divided into two parts. The first part of the course is an appreciation of the theory of regulation. Economic, political and legal aspects of regulations will be covered here. For the second part, students will be divided into groups. Each group is allocated a sector and is mentored by a sectoral experts (e.g. Water, Electricity) or experts from regulatory agencies (e.g. RBI, IRDA) themselves. After study of the sector initially, each group narrows down on a contemporary problem the sector is facing (e.g. green energy in electricity sector), and works a regulatory solution. On the day sector expert comes to the class, students also present their solution where the expert comments apart from lecturing on the sector.