Business

Finance Minister Nirmala Sitharaman Vows to Simplify Regulations for a Thriving Indian Economy

Government's Commitment to Regulatory Ease

Finance Minister Nirmala Sitharaman emphasized the government's unwavering commitment to reducing regulatory burdens and fostering a trust-based governance system. This initiative aims to propel India towards becoming a seamless, export-friendly economy, encouraging both domestic and foreign investments.

Finance minister Nirmala Sitharaman

Boosting Manufacturing and Economic Growth

Addressing a post-budget webinar, Sitharaman highlighted the importance of a robust manufacturing sector free from unnecessary regulatory bottlenecks. This approach is expected to attract investments, drive economic growth, and position India as a trusted global player.

High-Level Committee for Regulatory Reforms

In her 2025-26 Budget speech, Sitharaman announced the establishment of a high-level committee dedicated to reviewing and reforming non-financial sector regulations, certifications, licenses, and permissions. The committee's recommendations, expected within a year, aim to enhance the ease of doing business and strengthen trust-based economic governance.