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Deregulation panel to reduce State's role in governance: PM
Hindustan Times Noida
|February 16, 2025
A day after returning from his two-nation visit to France and the United States, Prime Minister Narendra Modi on Saturday said the Union government will constitute a deregulation commission to further reduce the role of the state in all spheres of governance and to promote ease of doing business.
NEW DELHI:
Taking a dig at previous governments, Modi said reforms under his administration are driven by "conviction" rather than "compulsion" earlier.
Speaking at the ET Now Global Business Summit 2025, the prime minister said that over the past decade, the National Democratic Alliance (NDA) government has transformed the "fear of business" into "ease of doing business" through its policies.
Listing out examples of reforms such as Goods and Services Tax (GST), Modi pointed out that the government has eliminated hundreds of compliances and is now further reducing compliances through Jan Vishwas 2.0 - a revised version of the Jan Vishwas Act, 2023 aimed at removing archaic provision hindering businesses' growth.
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