The IMF estimates medium-term G20 growth at just 3%, near its weakest level since 2009. Restrictive regulations remain a major drag on growth
India’s 7.8% Q1 growth and 11.9% rise in investment are encouraging. Sustaining this momentum will require stronger institutions and a more enabling regulatory environment
Different approvals, licences and procedures across government levels raise compliance costs and make it harder for businesses, especially MSMEs, to scale
India has reduced over 47,000 compliances through simplification, digitisation and decriminalisation. The Jan Vishwas Act further advances a more trust-based regulatory framework
Market-friendly telecom regulation can spur ICT investment and technology diffusion
For an AI-intensive economy, simpler rules can strengthen the foundations for innovation and productivity
The goal should not merely be fewer regulations, but clearer and more predictable ones
Faster implementation, stronger coordination and better institutions are vital for sustained growth