Business Standard

For each one, lose one

'To have sensible regulations, the agency must put itself in the regulated entities' shoes', says the author

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Amit Tandon
In his Independence Day speech, the prime minister spoke of Amrit Kaal, where the goal is to build an India in which the government does not interfere unnecessarily in the lives of its citizens.

While growing up in Delhi, my attention would inevitably be drawn towards the population clock at the AIIMS crossing that actively updated India’s approximate population numbers. What if we had an equivalent for regulations? India’s employer compliance universe collectively deals with 1,536 Acts, 69,233 compliances and 6,618 filings, wrote Manish Sabharwal in June, 2020. “The regulator issued 14 circulars in June. It’s three a week,” exclaimed
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First Published: Aug 18 2021 | 12:20 AM IST

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