The 1991 reforms ended licensing, but compliance burdens and approvals still slow businesses
Weak foreign inflows and balance-of-payments stress highlight the need for stronger macroeconomic stability
Weak foreign inflows and balance-of-payments stress highlight the need for stronger macroeconomic stability
Complex rules across states and local bodies continue to affect ease of doing business
Small businesses need clear policies and faster clearances to scale and compete effectively
Stable regulations and limited policy disruptions are essential to build long-term investor trust