The rise of the regulatory state has been a major feature of modern
constitutional democracies. India, the world's largest democracy, is no
exception to this trend. This book is the first major study of
regulation in India. It considers how the development of regulation in
India has altered the nature and functions of the state; how it is
reshaping the relationship between business and the state; how it has
called for the refashioning of established legal principles; and how it
has raised new questions about the relationship between technical
expertise and the rule of law. The chapters cover topics ranging from
the foundations of the Indian regulatory state to the form of regulation
across different sectors to regulation in practice. Together, the
chapters reveal the challenges, promise, and limitations offered by
contemporary regulatory practices, and they capture the close if
sometimes fraught relationship that regulation must inevitably share
with the political economy and constitutional schema within which it
operates.