Expectations from the New Government

The Summer heat and the heat of Elections, both are receding now. By the time this Journal is in your hands, one of the biggest and the longest festivals of Democracy in the world ­­— Elections in India — would have been over, and the new Government would have been elected by the people of India.

Climate change and current wars have contributed to the unprecedented heat this year. The solace is in the predictions of normal monsoon in India, which we all are eagerly awaiting. People also await and expect a lot from the newly elected Government at the Centre, especially when India is in its Amrit Kaal. A few of the significant expectations are listed below:

1. EASE OF MANUFACTURING AND DOING BUSINESS IN INDIA

India has travelled a long distance from the “license, permit, quota raj” to a liberalised economy. The country had inherited many archaic laws enacted by Britishers to control and stifle Indian entrepreneurship. Foreign Exchange crisis in 1990 turned into a boon as India perforce had to open up its economy. However, many archaic laws still continued and even today, we are far from the ease of doing business in India.

On 1st April, 2022, while answering a question in the Lok Sabha on identification and repeal of obsolete Provisions / Acts, the then Mini