NEW DELHI: The central government is assessing regulations across sectors to identify the ones that can be relaxed in the upcoming budget and beyond to cut red tape and help revive growth in a slowing economy, according to three people familiar with internal deliberations.
Preliminary discussions are underway to identify the sectors where regulatory easing could stimulate growth, the people said on the condition of anonymity as details have not been finalized yet.
One area that will get attention in the deregulation effort is the impact of existing rules and actions of regulatory bodies on the entities under their jurisdiction, according to one of the three people quoted earlier. If there are areas of over-regulation, it will be addressed, the person said. None of the people quoted above, however, mentioned sectors or specific regulations that are under review.
Queries emailed on Friday to the finance ministry, Niti Aayog, and the Prime Minister's Office remained unanswered at the time of publishing.
Finance minister Nirmala Sitharaman's budget proposals for the next fiscal 2025-26—to be presented on 1 February—will be keenly watched as India's urban consumption has slowed and the pace of growth cooled.
Denne historien er fra December 30, 2024-utgaven av Hindustan Times Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 30, 2024-utgaven av Hindustan Times Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Why You Should Use Vitamin C Serum in Winter
Winter's cold, dry air can leave your skin dull, dehydrated and prone to issues like irritation and ageing.
CBI Adds Graft Charges in Mahadev Case
The Central Bureau of Investigation (CBI) has registered a corruption and cheating case in connection with the Mahadev online betting app scandal, people familiar with developments said on Monday, roughly four months after the Chhattisgarh government asked the agency to probe the larger conspiracy and role of public servants in a case where former chief minister Bhupesh Baghel was earlier named.
End of One-Size-Fits-All: Obesity Diagnosis Enters New Era Sans BMI Limits
Experts say factors such as age, comorbidities, muscle mass and gender should be considered, too, when defining obesity
China Executes 62-Year-Old Who Killed 35 in Zhuhai Car Rampage
China on Monday executed a man who killed 35 people in a car rampage in the southern city of Zhuhai in November, in the country's deadliest mass attack in years.
The bovine beliefs of a man of science
Veezhinathan Kamakoti loves cows. More so if they are indigenous breeds. He also believes that cow urine has medicinal value. As a private individual, he has every right to stick to his beliefs, which are derived from faith-based claims rather than evidence provided by modern science.
SC Grants Centre Till Mar 18 To Decide On Rajoana's Mercy Plea
The Supreme Court on Monday gave a \"last chance\" to the Centre to decide by March 18 on the long-pending mercy plea of Balwant Singh Rajoana, convicted in the 1995 assassination of former Punjab chief minister Beant Singh.
Turf questions in CCI's Meta order
CCI HAD IMPOSED A ₹213 CRORE PENALTY ON META FOR ALLEGEDLY ABUSING ITS DOMINANT POSITION
No mascara, no problem: That's 2025's hottest beauty trend
Even the best mascaras take a little effort to remove — but what if skipping them altogether became the hottest beauty trend of 2025? Enter the effortlessly chic full-face, no-mascara look.
India Set To Host 2025 Fide World Cup From Oct 31
India is all set to host possibly the most important chess tournament of the year, the Fide World Cup.
We have no time to stand and stare
THIS IS KNOWN AS LEISURE GUILT. A FEELING OF NEGATIVITY WHEN SPENDING TIME ON LEISURE, INSTEAD OF BEING PRODUCTIVE
