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RBI GOVERNOR - Sufficient Flexibility To Move Policy Rate In Either Direction RBI GOVERNOR - Shift In Stance To Help Ensure That Inflation Brought Closer To 4% Aim

Difficult For Regulator To Function Independently: Promod Deo

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February 4: Former CERC chairman Pramod Deo says the regulator is expected to make tariff fixation a non-political decision. However, except for in Delhi, Mumbai and Kolkata where privatization happened, regulatory posts are held by former bureaucrats, with discoms functioning as an extension of the government in most cities, he says.