Amitabh Kant calls for easing regulatory burden on businesses

Mumbai: India’s former G-20 Sherpa Amitabh Kant on Thursday flagged regulatory compliance burdens impacting Indian enterprises, and rued that the ‘socialist mindset’ continues in the country.

“India’s regulatory environment places a very high compliance burden. The British Raj was in many ways replaced by the licence Raj, and our socialist mindset still continues,” Kant said, speaking at an Excellence Enablers event here.