Enhancing economic freedom for individuals and small businesses is crucial for India’s medium-term growth, stated a finance ministry document. The Economic Survey emphasizes continuing deregulation, reducing regulatory burdens, and implementing reforms for MSMEs. States should learn best practices, further deregulate, and focus on cost-effective governance reforms to boost economic growth and improve the business environment.
‘Get out of the way & deregulate’ to boost medium-term growth: Survey
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