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India's pursuit of Ease of Doing Business and Ease of Living is severely choked by "regulatory cholesterol". To unblock economic growth, India must transition from reliance on foreign standards to building home-grown domestic frameworks. Policymakers must focus on process reforms to eliminate systemic frictions, transforming regulations into enabling "trampolines" rather than restrictive safety nets. Key solutions include decriminalizing civil omissions, ensuring perpetual registrations, minimizing duplicative reporting, and enforcing strict timelines with a "silence is consent" rule. Ultimately, achieving true economic freedom requires a comprehensive civil services reform rather than mere superficial tweaks.
It doesn't matter if a cat is black or white, so long as it catches mice – Deng Xiaoping
In the previous article (BCAJ, March 2026), we examined a “lipid profile” of regulations affecting Ease of Doing Business (EoDB) and Ease of Living (EoL). In this part, we consider certain causes, effects and ways to reduce regulatory cholesterol.
1. STRATEGIC
There are order-setting regulations and there are directional ones. EAM of India talks of Strategic
