New Delhi, Aug. 11 -- Prime Minister Narendra Modi has been rightly pushing deregulation as part of the Viksit Bharat-by- 2047 goal. End-June, he held a meeting with Union secretaries and may do so with the chief secretaries of states soon. These efforts will ease doing business.

In this context, the department for promotion of industry and internal trade has released its Regulatory Impact Assessment (RIA) guidebook for Union ministries and departments. It draws upon CUTS's RIA toolkit, which has also been annexed to it. Earlier, recommendations by several committees, the Economic Survey, Securities Market Code, 2025, and Union budget for 2026-27 had highlighted the need for RIA.

This recognition underscores a growing acceptance that de...