Political economy of regulatory reform

Dynamic markets call for periodic reform of regulatory agencies-notwithstanding their reluctance to keep pace with developments


Illustration: Binay Sinha

Though described in the Constitution in a rather prosaic manner as the “annual financial statement”, over time the budget speech has become an important instrument for policy announcements and reforms.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jan 27 2022 | 11:52 PM IST

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