PM set to meet top officials today; deregulation, reforms on agenda, Pg10

Key Highlights:

• Prime Minister Narendra Modi is scheduled to meet with all Central Secretaries to discuss deregulation and reforms.
• The agenda includes improving the ease of doing business and ease of living, alongside promoting Atmanirbharta.
• This marks the second such interaction within a month, following a joint meeting on May 21 focused on achieving Viksit Bharat.
• Two key committees have been established to drive this agenda: the High-Level Committee on Non-Financial Regulatory Reforms (HLC-NFRR) and the Task Force on Deregulation and Compliance Reduction.

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Detailed Insights:

• Each Secretary will present a three-minute briefing on their department's progress and plans for implementing the deregulation and reform agenda.
• The HLC-NFRR, chaired by former Cabinet Secretary and NITI Aayog member Rajiv Gauba, was constituted on August 19, 2025.
• Its mandate is to review existing non-financial regulations, certifications, licenses, and permissions to create a modern, flexible, people-friendly, and trust-based regulatory framework.
• The Task Force on Deregulation and Compliance Reduction is led by K K Pathak, Special Secretary at the Cabinet Secretariat, and was also formed in the previous year.
• The Cabinet Secretariat has also assigned selected Secretaries to various States to facilitate deregulation efforts at the State level.
• The government's push for reforms aligns with the broader vision of transforming India into a developed nation by 2047, known as Viksit Bharat.

Key Concepts Involved:

• Viksit Bharat: A long-term vision of the Government of India to transform the country into a developed nation by 2047, focusing on economic growth, social progress, and good governance.
• Atmanirbharta: Translates to "Self-Reliant India," a vision to make the country independent and robust by developing internal strengths and reducing import dependency, without isolation.
• Ease of Doing Business: Refers to the simplicity, cost, and time required for a business to start, operate, and close within an economy's regulatory environment.
• Ease of Living: The degree of comfort, convenience, and dignity with which people can conduct their daily lives, encompassing access to services, rights, and personal goals.
• Deregulation: The process of removing or reducing government controls and oversight on industries or sectors to increase market competition and efficiency.