Cannot have regulations that stifle businesses, need to remove such hurdles with 'magic wand' every year: Fin Minister Sitharaman

Nirmala Sitharaman says India needs to remove regulatory hurdles for businesses annually. She addressed the IIM Lucknow National Leadership Awards 2025 in New Delhi. Sitharaman notes India is the fastest-growing economy for the fourth year. Manufacturing activity is good this quarter. A high-level committee will review non-financial sector regulations. Small, medium, and large industries contribute to this growth.