Saturday | 25 July 2020 | 1100-1200 hrs
Over the years, the idea of regulatory reforms in India has become closely linked with ease of doing business. Measures like reducing compliance burden, making it easier to start a business, hire and retrench workers, particularly for large enterprises, have captured the imagination. It has been argued that, unfortunately, this approach has failed to consider concerns of informal entrepreneurs, micro small and medium enterprises, workers, and citizens, who bear disproportionate burden of our regulatory frameworks.1 Such worries have gained prominence in light of developments on account of Covid-19 pandemic.
There is, thus, a need to rethink our approach towards regulatory reforms for making them inclusive and sustainable. This can happen by making citizen well-being and sustainable progress as core objective of regulatory reforms, and adopting a whole of government systems approach to design and implement such reforms. An appeal to the Prime Minister and Chief Ministers of all states of India on these lines has been made.
The panel is expected to return recommendations and a report. The discussion examines the following:
- How to make regulatory reforms inclusive and sustainable?
- How to institutionalise mechanisms for enabling governments to understand stakeholder concerns?
- Incentives and disincentives required in this regard.
Dr Gursharan Dhanjal, MD & Editor, SKOCH Group
|11:05-11:45||Panel Discussion |
Moderator: Mr Pradeep S Mehta, Secretary General, CUTS International
Mr Ajay Shankar, Former Secretary, Department of Industrial Policy and Promotion
Mr Arun Maira, Thought Leader and Author
Ms Jahnabi Phookan, President, FLO & Director, JTI Group
Mr Rishi Agrawal, Co-founder and CEO, Avantis RegTech
Mr Rohan Kochhar, Director, Public Policy, SKOCH Group
Mr Udai S Mehta, Deputy Executive Director, CUTS International