Government Regulator In India
Medical Council of India (MCI)
Headquarter: New Delhi Function of the Organization: The Medical Council of India was established in 1934 under the Indian Medical Council Act, 1933, now repealed, with the main function of establishing uniform standards of higher qualifications in medicine and recognition of medical qualifications in India and abroad. The number of medical colleges had increased steadily during the years after Independence. It was felt that the provisions of Indian Medical Council Act were not adequate to meet with the challenges posed by the very fast development and the progress of medical education in the
Insurance Regulatory and Development Authority (IRDA)
Headquarter: Hyderabad, Andhra Pradesh Function and Objective of Organiztion: Issue to the applicant a certificate of registration, renew, modify, withdraw, suspend or cancel such registrationProtection of the interests of the policy holders in matters concerning assigning of policy, nomination by policy holders, insurable interest, settlement of insurance claim, surrender value of policy and other terms and conditions of contracts of insurance Specifying requisite qualifications, code of conduct and practical training for intermediary or insurance intermediaries and agentsSpecifying the code
Food Safety and Standards Authority of India (FSSAI)
Headquarter: New Delhi Function and Objective of the Organiztion: The Food Safety and Standards Authority of India (FSSAI)has been established under Food Safety and Standards Act, 2006 which consolidates various acts & orders that have hitherto handled food related issues in various Ministries and Departments. FSSAI has been created for laying down science based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption. Functions: Framing of Regulations to lay down the St
Directorate General of Hydrocarbons
Founded on: 8th April 1993 Headquarter: Noida Objectives: To promote exploration and sound management of the petroleum & natural gas resources as also non-conventional hydrocarbon energy resources having balanced regard for the environment, safety, technological and economic aspects. Function of the Organiztion: The Directorate General of Hydrocarbons (DGH) was established in 1993 under the administrative control of Ministry of Petroleum & Natural Gas through Government of India Resolution. Objectives of DGH are to promote sound management of the oil and natural gas resources having a
Competition Commission of India
Founded on: 14 October 2003 Headquarter: New Delhi Function of the Organiztion: Competition is the best means of ensuring that the ‘Common Man’ or ‘Aam Aadmi’ has access to the broadest range of goods and services at the most competitive prices. With increased competition, producers will have maximum incentive to innovate and specialize. This would result in reduced costs and wider choice to consumers. A fair competition in market is essential to achieve this objective. Our goal is to create and sustain fair competition in the economy that will provide a ‘level playing field’ to the producers
Central Electricity Regulatory Commission (CERC)
Founded on: 24 July 1998 Headquarter: New Delhi Objective: Improve the operations and management of the regional transmission systems through Indian Electricity Grid Code (IEGC), Availability Based Tariff (ABT), etc.Formulate an efficient tariff setting mechanism, which ensures speedy and time bound disposal of tariff petitions, promotes competition, economy and efficiency in the pricing of bulk power and transmission services and ensures least cost investments.Facilitate open access in inter-state transmissionFacilitate inter-state tradingPromote development of power marketImprove access to i
Advertising Standards Council Of India (ASCI)
Founded on: 1985 Headquarter: Mumbai Function and Objective of Organiztion: Truthful, fair and non-derogatory to competitors. Advertisements should not be misleading and plagiarized.Within the bounds of generally accepted standards of public decency and propriety. Not used indiscriminately for the promotion of products, hazardous or harmful to society or to individuals particularly minors, to a degree unacceptable to society at large. Ensure that Advertisements observe fair in competition so that the consumer’s need to be informed on choices in the market place and the canons of generally acc
Airports Authority of India
Founded on: 1st April 1995 Headquarter: New Delhi Function and Objective of Organiztion: Airports Authority of India (AAI) was constituted by an Act of Parliament and came into being on 1st April 1995 by merging erstwhile National Airports Authority and International Airports Authority of India. The merger brought into existence a single Organization entrusted with the responsibility of creating, upgrading, maintaining and managing civil aviation infrastructure both on the ground and air space in the country. AAI manages 125 airports, which include 11 International Airport, 08 Customs Airports
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