There are more than a million laws, regulations, gazette notifications and government orders in India, which restrict the economic freedom of business and citizens alike. The argument is that excessive regulations stifle entrepreneurship thereby promoting “the other pathâ€. When the compliance cost is too high, individuals and businesses prefer to function illegally. This book is showcasing regulations in Delhi, which are antiquated and cumbersome. Besides, the rules entrust wide discretionary powers with government functionaries, which paves way for rent-seeking and arbitrary decisions. Although rules are far too many, but this book presents select rules which impinge on industry, business, agriculture, services, land and citizens. This book makes a strong case in favor of regulatory reforms, which is the need of the hour. As such, this book should be of interest to all those interested in policy formulation in India, and researchers and students.
There are no reviews yet.