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Budget 2025: High-level panel to review non-financial sector regulations, Says FM

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  Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

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Finance Minister Nirmala Sitharaman announced during the interim Budget 2024 presentation on February 1, 2024, that a high-level committee will be established to thoroughly review the regulations governing the non-financial sector. This initiative aims to enhance the ease of doing business in India by simplifying, easing, and reducing the cost of compliance. The committee will focus on identifying and addressing any unnecessary regulations that might hinder business operations, thereby promoting a more conducive environment for economic growth and investment. This move is part of the government's broader strategy to streamline regulatory frameworks and foster a more business-friendly climate.

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