ABOUT
Who We Are The Centre for Market Regulations and Governance (CMRG) at Vidyashilp University is a pioneering initiative for interdisciplinary research and education in law, economics, regulation, and governance. Positioned at the intersection of policy and practice, CMRG advances thought leadership, research-driven insights, and meaningful stakeholder engagement to shape the future of regulatory governance. Our mission is to establish regulation as a multidisciplinary field, equipping scholars, policymakers, businesses, and regulatory bodies with the knowledge and tools necessary to navigate complex market regulations. CMRG fosters collaboration between academia, industry, and government to shape efficient, transparent, and effective regulatory frameworks. Through collaborations between academia, industry, and government, CMRG is committed to advancing best practices, strengthening institutional capacity, and enabling informed decision-making in regulatory governance.
What We Do
CMRG enhances regulatory literacy, improves governance mechanisms, and contributes to policy reforms through:
| Regulatory Research & Thought Leadership – Conducting evidence-based studies on evolving regulatory challenges. |
| Capacity Building & Training – Offering executive education, certification courses, and workshops for regulators and regulated entities. |
| Policy Advocacy & Engagement – Collaborating with policymakers, industry leaders, and international organizations to improve regulatory frameworks. |
| Knowledge Dissemination – Publishing policy briefs, research papers, and case studies to contribute to academic and professional discourse. |
Our Team
Research Themes
Regulatory Design
Regulatory frameworks play a pivotal role in shaping market dynamics by influencing competition, fostering innovation, and safeguarding consumer welfare. Effective regulatory design is grounded in principles of transparency, accountability, and stakeholder participation, ensuring that policies are both fair and efficient. Tools such as regulatory impact assessments (RIAs) are crucial in evidence-based policymaking and help evaluate the effectiveness and consequences of regulatory interventions. Our research also explores comparative studies of global regulatory models, offering valuable insights into best practices and their relevance to India's diverse regulatory landscape.
Law and Economics
Law and economics play a crucial role in shaping regulatory policies, influencing market behavior, economic growth, and governance structures. The interplay between legal frameworks and economic principles determines the effectiveness of regulations in fostering competition, ensuring market efficiency, and protecting consumer welfare. A well-designed regulatory system considers the economic rationale behind competition law, market regulations, and price controls, ensuring that interventions support innovation and entrepreneurship rather than stifle them. Behavioral economics further highlights how regulations impact consumer and corporate decision-making, shedding light on the unintended consequences of policy measures. Additionally, cost-benefit analysis serves as a critical tool for evaluating regulatory policies, ensuring that their implementation leads to optimal economic and social outcomes. By integrating insights from both law and economics, regulators can design policies that balance efficiency, equity, and innovation in dynamic market environments.
Utilities & Infrastructure
Utilities and infrastructure—such as energy, water, telecommunications, and transportation—are essential for economic development and societal well-being. The regulation of utilities and infrastructure is inherently multidisciplinary, requiring regulators to consider techno-economic, social, and environmental factors while selecting regulatory instruments that, when effectively implemented, foster market evolution and enhance competition among regulated entities. Effective regulation in these sectors thus ensures fair pricing, efficiency, sustainability, and accessibility. Our research intends to explore tariff regulations, public-private partnerships (PPPs), smart city governance, and digital infrastructure policies to enhance service quality and long-term sustainability. Furthermore, CMRG aspires to be a key stakeholder that brings together like-minded experts (individual and institutional) to provide inputs to regulatory practitioners on tackling regulatory challenges given the complexity and sector-specific characteristics of utilities and infrastructure regulation.
Financial Regulation
Financial markets are the backbone of the economy, requiring robust regulatory oversight to ensure stability, transparency, and consumer protection. Beyond just banking regulations, the governance of capital markets, derivatives trading, and financial instruments plays a crucial role in maintaining market integrity. Institutions like the Securities and Exchange Board of India (SEBI) regulate stock exchanges, mutual funds, and corporate governance to promote fair and efficient markets. Additionally, fintech policies, digital payments governance, and other emerging financial markets such as cryptocurrencies are reshaping the financial landscape. Our objective is to contribute to the development of a more robust regulatory environment that promotes financial inclusion, market stability, and sustainable economic growth by analysing risk management tactics, compliance systems, and development of financial instruments.
Regulating Innovation & Technology
Regulations must strike a balance between innovation and security and ethical considerations as sectors are transformed by automation, artificial intelligence, and platform economies. Our research intends to examine data privacy laws, AI governance, digital marketplaces, and cybersecurity regulations to ensure technology serves society responsibly. We focus on creating adaptive regulatory frameworks that encourage innovation while mitigating risks. In this regard, corporate governance is essential for monitoring technology developments and guaranteeing accountability, openness, and moral decision-making in businesses. With the increasing reliance on digital systems and data-driven operations, governance frameworks must evolve to address risks related to algorithmic bias within organisations, cybersecurity threats, and digital fraud. Our research intends to explore best practices in corporate governance for tech- driven businesses, emphasizing the importance of regulatory compliance, responsible innovation, and sustainable business practices in the digital era.
Social & Environmental Regulation
Governments and businesses are increasingly held accountable for sustainability, corporate responsibility, and social equity. Our research will look into ESG (Environmental, Social, and Governance) compliance, labour rights regulations, and circular economy initiatives. We analyse how laws and policies can drive businesses toward ethical practices, sustainability, and long-term resilience in a changing global landscape.
PUBLICATIONS AND MEDIA
For inquiries, collaborations, or to stay updated on CMRG’s research and events, reach out to us at
E-Mail: cmrg@vidyashilp.edu.in