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To stay shipshape, cut regulatory flab

Prime Minister Modi champions deregulation to boost India's economy, leveraging technology for a trust-based framework. It aims to reduce administrative burdens, especially for small enterprises, by streamlining state and municipal regulations. This improves India's regulatory quality, fosters equitable growth, and enhances market efficiency through lighter compliance, integrating its workforce and removing entry barriers. With digital infrastructure, the government shifts from prescribing acceptable to specifying unacceptable conduct. Sustaining reform momentum is crucial for India to align its regulatory quality with advanced economies.

Economic Times · ET Bureau · May 24, 2026 at 5:55 PM

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