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Latest Articles in licence raj

Return of Licence Raj

Many of the government’s regulations on drug pricing and real estate transactions through the Real Estate (Regulation and Development) Act are necessary and serve the public interest.

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Keep Tax Rates Modest; End Permission Raj, Says Adi Godrej

Noted industrialist Adi Godrej on Tuesday called for "reasonable and modest" tax rates as an effective way to prevent creation of black money and pitched for a rule-based automatic approval mechanism to fight graft

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Licence Raj Replaced By Time-consuming Approval Raj, Says Biocon CMD Kiran Mazumdar-Shaw

India may have created a competitive market by abolishing licence raj, but it has been replaced by an equally time-consuming "approval raj" fraught with potential corruption, Biocon CMD Kiran Mazumdar-Shaw has said

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Five Reforms Before 1991

Sutanu Guru takes a look at five reform measures that preceded the historic July 22, 1991 Budget speech of Dr Manmohan Singh

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