India Needs to Cut Down Regulatory Cholesterol

Key Points

• 1Since 1990, our central and state government spending has increased over 100 times to Rs 107 lakh crore, while India’s per capita income has increased around eight times to $2,700.
• 2Women are banned from 32 operations and 200 sub-processes in India.
• 3A factory worker loses 270 plus hours of annual earnings to working hour restrictions.
• 4Fifty per cent of rural areas cannot be industrialised due to minimum road width norms.
• 5Viksit Bharat by 2047 requires deregulation.