Is regulatory friction really unintended?

For seven years, like a broken record, I have been arguing that India can be on the path of super growth but for endless red tape creating friction for enterprises — the actual job creators. These days, job creators even have taunts and insults hurled at them by politicians. Businessmen usually take this lying down. However, it does seem that the serial economic follies of the past six years, combined with a punitive “governance”, is finally driving home a new realisation among people. India’s growth will remain subdued for a very long time. While the economy will.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.