Now Reading: NITI Aayog’s Gauba calls for risk-proportionate regulation
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NITI Aayog’s Gauba calls for risk-proportionate regulation
NITI Aayog Member Rajiv Gauba on Saturday, 3 October 2026, called for a shift towards light-touch and risk-proportionate regulation, saying frameworks must keep pace with changes in technology, business models and the global economy. Speaking at the fifth Kautilya Economic Conclave in New Delhi, Gauba said the objective should not be to choose between regulation and growth, but to manage risks while supporting innovation, competition and investment.
Gauba said regulatory requirements should be calibrated to the nature and consequences of the risks involved. The goal, he said, should be a state that is 'firm where risks are high, and light-touch where risks are low', but predictable in both cases. He also called for greater coordination among regulators to address overlapping mandates, avoid duplication and close regulatory gaps.
He linked the approach to sustaining high growth required for Viksit Bharat by 2047 and referred to the government's Trust Based Governance or Jan Vishwas approach. The three-day conclave from 3 to 5 October has brought together policymakers and participants from around 30 countries, according to the Ministry of Finance.
Indian Opinion Analysis
Both Business Standard and The Hans India provided straight, near-identical coverage of Rajiv Gauba's speech, quoting his call for risk-calibrated regulation, regulatory coordination, and accountability. Neither outlet added independent framing, omitted key passages, or highlighted any tension between Gauba's vision and existing regulatory practice. The uniform reporting reflects the wire-style nature of both articles. The speech itself sets out the government's stated philosophy ahead of potential regulatory reforms, but the coverage offers no critique or external assessment of how that philosophy has worked in practice.
Coverage: 2 sources, 2 neutral
Sources (2): business-standard.com (neutral report), thehansindia.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
