People also need to realize that the only institution that can and will act in the interests of the citizens is the judicial system. Yes it fails us too once too often, but it still is the only system that can be relied on ever to ever act in public interest. That is why the supreme court has such overarching powers to even stop the govt when its breaking the very constitution its expected to preserve. No other system in place including regulators like RBI and TRAI etc are meant to serve the people. They are meant to serve the govt ( regardless of who ever is in power) and its interests. Further more even their ability to act autonomously is restricted these days. There may be some occasional coincidental cases of interests matching ours on a few areas, but more often than not, corporate lobby interests have more chance of matching govt interests than ours.
Blind belief in regulators is not a good thing. Even with no malice intended, a regulator can do more harm than good just though sheer incompetency in making regulation.
Blind belief in regulators is not a good thing. Even with no malice intended, a regulator can do more harm than good just though sheer incompetency in making regulation.