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March 2025

From The President

By CA Anand Bathiya, President
Reading Time 4 mins

Get out of the way!

- Stop micromanaging economic activity!

- Give entrepreneurs and households back their time and mental bandwidth.

- Regulators should hold themselves to the same standards that they expect of regulated entities.

The preface to the Economic Survey 2024-25 resounds with a bold and decisive call for reform. These foundational principles underscore the broader vision through which our nation’s governing dispensation can truly embrace and enable ‘growth through deregulation.’

The core takeaway from this year’s Economic Survey is the imperative need for a substantial rollback of regulatory excesses, as well as a conscious restraint from layering policies with additional operational conditions under the pretext of preventing misuse. More often than not, such over regulation distorts the original intent of policy measures, hampering rather than facilitating economic dynamism. The Survey makes an insightful case for leveraging India’s deeply ingrained social trust structures to attain scale and efficiency, especially in its closely connected, kinship-based economic landscape. Each chapter of the Survey reinforces the necessity of ‘simplification and

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