Time for light-touch but useful rule for fair consumer-facing services

Rules for consumer-facing services, such as cab aggregators, need to be reviewed to ensure both drivers and passengers are treated fairly

There’s no doubt that light-touch regulation and a reduction in red tape would help with both the ease of doing business and the ease of living. Replacing red tape with a “red carpet” for investors has been on the “to-do” list for some time. The recent Economic Survey had it as a central theme, elaborating on the need for the government to get out of the way.

 

The Union Budget tabled last week carried the theme forward by proposing a committee to explore ways to ease the regulatory burden on stakeholders in non-financial sectors. The committee, which is yet to