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India's governments can let go of some of their power as it holds back the country: Economic Survey 2023-24

By Economic Times - 4 months ago
The Economic Survey 2023-24 suggests that India's government should reduce its regulatory grip to enhance efficiency and growth. Despite improvements since the Licensing Era, red tape still burdens small and medium enterprises. The Survey advocates for a more liberated state to boost capacity and capability, echoing Prime Minister Modi's calls for minimal government interference.

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