National Regulatory Commission

The National Regulatory Commission (NRC) is a government agency responsible for overseeing and regulating specific industries to ensure they operate safely, fairly, and efficiently. It establishes rules and standards, grants licenses, and monitors compliance to protect consumers and maintain national interests. For example, in the energy sector, the NRC ensures electricity providers generate power reliably and at reasonable prices. Its role is essential in balancing industry growth with public safety and consumer rights, providing oversight to prevent misuse or malpractices within regulated sectors.