“If India can reduce its inflation from 4-5% to 3-4% in the last few years, it will help in including the depreciation of the rupee, the CEA said. Photo: Bijoy Ghosh
There is a “misunderstanding” between the administration around the deragulation, in which digitization is confused with deragulation, Chief Economic Advisor V. Anant Nejavaran said on Tuesday, February 11, 2025 on Tuesday.
Speaking at an event organized by the lobby group IVCA of the alternative investment industry, Mr. Najesavaran stressed whether it is necessary to remove with unnecessary rules, whether they comply with online or offline.
“There is a misunderstanding that a government department across the country … they put something on the digital platform, they feel that it is a deregulation. But it is not a deragulation, you have made it online instead of offline,” Mr. Najavaran. Said.
“Digitization is not per cess,” CEA, whose Economic survey Recently focused on the need for deregurate to help expand GDP growth.
Any country that has achieved a developed status will have to look at small businesses and find out challenges such as rules that can help ensure that such enterprises ruin the bandwidth on compliance.
India has to depend on the domestic economy so that there is a growing growth,
He said, “D-Lobilization is part of a cyclical tendency to be seen more than a century,” he said, as people have revealed the boundaries of the current model for a decade, a new tendency can emerge.
“In the current cycle around the world, inflation is more likely to be more sticky than the past because the ability to run the ability decreases,” he said.
“However, if India can reduce its inflation from 4-5% to 3-4% in the last few years, it will help include the depreciation of the rupee,” he said.
Mr. Nejavaran said that in a long period, we can see that the rupee has depreciated at 3% per year, which is the difference between inflation rate between India and the US.
He also said that India cannot sacrifice energy security because energy infection in the sources of greenery focuses more, and that we should be practical and not to create green energy in “religion” as some countries in Europe. Needed
The CEA also said that nuclear power has to play a very important role in energy infection, and said that the budget announcement on allowing private players in the region is a part of the same focus.
“A country must have resources to make goals such as energy infection, and they can only come through development, which is dependent on enough energy,” he said.
He said, “India has the ability to grow 6.5–7% every year for a long period, which makes one of some large economies for such growth,” he said.
“Additionally, the country will also enjoy a demographic sweet place that will last for the next 15-20 years and help in development,” he said.
Published – February 11, 2025 10:14 pm IST
