New Delhi, June 9 -- Montek Singh Ahluwalia, economist and former Deputy Chairman of India's Planning Commission, has proposed that state chief ministers establish dedicated committees to identify key areas for regulatory easing.

Speaking during a session moderated by The Indian Express Principal Correspondent Ravi Dutta Mishra, Ahluwalia highlighted that such decentralised initiatives could significantly benefit Small and Medium Enterprises (SMEs) across the country.

His recommendation comes amid renewed national discussions on India's economic policy framework and the need to boost competitiveness through regulatory reform.

By placing the onus on states, Ahluwalia's proposal shifts the focus from centralised policymaking to state-led...