Govt to deregulate more sectors, reduce red tape
Hindustan Times Noida|December 30, 2024
Union budget set to offer road map to reduce compliance burden on businesses
Gireesh Chandra Prasad

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 Noida.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 30, 2024-utgaven av Hindustan Times Noida.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HINDUSTAN TIMES NOIDASe alt
Hindustan Times Noida

I've done a lot of TV, and I was tired, so I left it, as one tends to lose excitement, says Aamir Ali

Actor Aamir Ali has been a regular face on television for just a little under two decades, having been part of Kahaani Ghar Ghar Kii, Kya Dil Mein Hai and FIR.

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

Ariana Grande's 'Botox and Juvederm' joke sparks backlash

Singer-actor Ariana Grande, who has received significant praise for her portrayal of Glinda in Wicked (2024), was honoured with the Rising Star Award at the Palm Springs International Film Festival 2025 on January 3.

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

Allu Arjun Debuts New Look As He Visits Court To Complete Bail Formalities

The actor submitted sureties at a Hyderabad court after being granted bail in connection with the Sandhya Theatre incident, debuting a new look in the process

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

OTT Has Shifted the Tone: Shreyas on the Missing Magic of Comedies

Shreyas Talpade's journey in cinema began during a golden era for comedy films—one that produced timeless classics including Golmaal (2006), Phir Hera Pheri and Garam Masala (both 2005).

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

DSP: I was prepared for Kissik and Oo Antava comparisons

As long as you don't let success get to your head, you are not bothered by the outcome,\" says composer Devi Sri Prasad, also known as DSP, who is pleased with the reception of his music for Pushpa 2: The Rule.

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

Sparks of Trouble for Coldplay Gujarat gig!

Ahead of its highly anticipated India tour, British rock band Coldplay is making headlines again!

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

Rohit and Virat still have the hunger, says Gambhir

No one in the team will say it, but they are all surely thinking it.

time-read
3 mins  |
January 06, 2025
Hindustan Times Noida

Aubrey's husband, director Jeff Baena, dies by suicide

Actor-comedian Aubrey Plaza is mourning the loss of her husband, director Jeff Baena, who died at the age of 47.

time-read
1 min  |
January 06, 2025
Hindustan Times Noida

Lebrun brothers, the French connection in Thakkar's rise

Manav Thakkar, India's No.2 male paddler, noticed how the Lebrun brothers, the French siblings who have taken the table tennis world by storm, would \"invent stuff\" after training sessions even as the others would wind down.

time-read
3 mins  |
January 06, 2025
Hindustan Times Noida

Shooter Saurabh rediscovers his touch at Nationals

For five years from 2018, Saurabh Chaudhary would hold his Morini pistol so steady and shoot with such precision that it was assumed the prodigiously talented youngster would win an Olympic medal for India.

time-read
2 mins  |
January 06, 2025