Regulatory Maze: Reform or Redesign?

15-04-2025
siasat.com

Regulation in India is often narrowly seen as a safeguard against market failures, yet its scope spans ethical governance, economic efficiency, and public welfare. This article highlights critical challenges to regulatory excellence, including lack of domain expertise, regulatory capture, and judicial delays. It advocates for systemic reforms—recruiting technologists and legal experts, enhancing transparency, and creating specialised tribunals. The discussion, rooted in the Centre for Development Policy and Practice’s 2025 Hyderabad conference, emphasizes the need for context-sensitive regulations that prioritize consumer protection and technological evolution. India’s path forward lies in building a resilient, transparent, and future-ready regulatory ecosystem anchored in local realities.

Continue reading: https://www.siasat.com/regulatory-maze-reform-or-redesign-3207697/

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