Kadambari Shah and Shreyas Narla on Continuing the Reform Agenda
Ideas of India
00:00
Navigating the Complex Regulatory Environment in India
The chapter delves into the intricate regulatory landscape of India, particularly in labor regulations and central and state laws in mining. It discusses how the overwhelming number of laws and compliances create a 'regulatory cholesterol' that hampers business growth by discouraging expansion and imposing excessive micromanagement. The debate on whether India should prioritize manufacturing and industrial exports or shift focus to high-end services is also explored, along with the impact of labor laws on business growth and the challenges faced by micro, small, and medium enterprises in the country.
Transcript
Play full episode
