NITI Aayog Advocates Deregulation As Key To India's Next-gen Reforms

The economist, however, noted that measures such as goods and services tax (GST), insolvency and bankruptcy code, and a liberalized foreign investment regime had reshaped the economy and opened up sectors once considered off-limits to private enterprises, including defence, space and now nuclear energy. “There is a need to systematically review laws, regulations and administrative processes,” he said