New Delhi, Jan. 31 -- The Government of India tabled the Economic Survey 2024-25 on Friday, January 31, emphasizing deregulation as a key driver of the nation's economic growth. India plans to use deregulation as the process wherever possible and necessary but acknowledges the need for appropriate regulatory intervention in certain cases.

India's target for fostering the Ease of Doing Business 2.0 is to boost capital formation, accelerate employment, and foster output growth. But what does deregulation mean for everyday citizens, entrepreneurs, and India Inc.?

Deregulation is the process of removing government oversight of a particular industry. The government takes this step to foster more competition in the market and fuel the economi...