Govt to deregulate more sectors, reduce red tape
Hindustan Times Ludhiana|December 30, 2024
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.
Gireesh Chandra Prasad

NEW DELHI:

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.

This story is from the December 30, 2024 edition of Hindustan Times Ludhiana.

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This story is from the December 30, 2024 edition of Hindustan Times Ludhiana.

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