India needs efficient supervision, simple regulation: Sanjeev Sanyal

India needs efficient supervision, simple regulation: Sanjeev Sanyal

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The problem is that supervision demands active monitoring and accountability from the government departments or regulatory bodies, which creates a perverse incentive to keep adding more top-down regulations regardless of their effectiveness, Sanjeev Sanyal said.

from News-Economic Times https://ift.tt/2PbBvQJ

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