New Delhi, July 26 -- The government's regulatory philosophy is anchored in enabling growth while keeping risks in check, with rules acting as guardrails rather than tollgates so as not to hinder business activity, finance minister Nirmala Sitharaman said on Sunday.

Sitharaman highlighted deregulation, infrastructure building and macroeconomic stability as key drivers of India's growth.

Speaking at the NDTV Profit Business Leadership Awards, she said that the Centre is pursuing a trust-based regulatory framework that facilitates enterprise while protecting public interest. "Our conviction is simple. Regulation should be a guardrail, not a tollgate. Deregulation is a habit we intend to keep," she said.

The finance minister said that the...