Thread by @gchikermane, If #AtmanirbharBharat is the political aspiration, @narendramodi will have to wage a [...]

Gautam Chikermane

gchikermane

If #AtmanirbharBharat is the political aspiration, @narendramodi will have to wage a war on #RegulatoryCholesterol

https://www.orfonline.org/expert-speak/to-convert-atmanirbhar-bharat-into-reality-modi-needs-to-wage-a-war-69171/?amp

@rishiagraw and I get under the skin of India's rotting compliance system -- and give three directions for change

To convert Atmanirbhar Bharat into reality, Modi needs to wage a war | ORF

For Prime Minister Narendra Modi’s 12 May 2020 political slogan of Atmanirbhar Bharat to become a reality, he will have to wage a war. In this war, words

https://www.orfonline.org/expert-speak/to-convert-atmanirbhar-bharat-into-reality-modi-needs-to-wage-a-war-69171/?amp

The regulatory web that India's entrepreneurs face:
-- 1,536 laws
-- 69,233 compliances
-- 6,618 annual filings

@narendramodi has to wage a war on these excesses, @rishiagraw and I write https://www.orfonline.org/expert-speak/to-convert-atmanirbhar-bharat-into-reality-modi-needs-to-wage-a-war-69171/?amp

And as if these laws, compliances, filings were not enough, they change at the rate of 3,000 a year.
In the last quarter, there were 1,206 changes, or 13 a day.
This is an unacceptable level of #RegulatoryCholesterol, @rishiagraw and I write in @orfonline.
https://www.orfonline.org/expert-speak/to-convert-atmanirbhar-bharat-into-reality-modi-needs-to-wage-a-war-69171/?amp

Finally, here are three weapons that @narendramodi could deploy to win India's war on #RegulatoryCholesterol: @rishiagraw and I write in @orfonline
https://www.orfonline.org/expert-speak/to-convert-atmanirbhar-bharat-into-reality-modi-needs-to-wage-a-war-69171/?amp

1. #Rationalisation
2. #Simplification
3. #Digitisation

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