Published by the Global Trade and Innovation Policy Alliance (GTIPA)
This GTIPA Perspectives report, How Smart Deregulation Can Unleash Powerful Innovations Worldwide, analyzes the global economic costs of unchecked regulatory accumulation and presents a model for “smart deregulation” to spur innovation, increase productivity, and drive long-term growth.
The volume compiles case studies from 18 countries across six continents, providing evidence that effective reform must reduce compliance costs and encourage market contestability rather than merely eliminating rules.
Key Case Studies and Sectoral Focus
The report illustrates the innovation-inducing impacts of sensible deregulation across multiple sectors, including:
- Telecommunications and Digital Infrastructure: Focusing on dismantling state monopolies and accelerating 5G deployment.
- Finance: Examining how adaptive regulation fosters financial inclusion and fintech innovation.
- Agriculture : Highlighting reforms, such as the liberalization of drone regulations, to facilitate the use of smart agriculture (precision farming) applications.
- Business Environment: Detailing efforts to reduce bureaucratic friction and enable entrepreneurship through administrative simplification.
The Dialogue’s Contribution
The Dialogue, a key member organization of the GTIPA network, authored the India case study in this global publication.
This chapter details India’s significant regulatory reforms, with the contribution led by Raunaq Sharma (Senior Research Associate) and Kriti Singh, The Dialogue’s Associate Director (Programmes and Operations). The analysis offers essential insights into:
- Opening the Space Sector to private innovation, dismantling monopoly controls.
- Liberalizing Drone Regulations for a thriving Unmanned Aerial Vehicle (UAV) industry.
- The impact of state-level reforms, such as TS-iPASS, in streamlining approvals to accelerate industrial growth.
The work underscores how strategic deregulation can unleash a surge of startups and technological breakthroughs in high-tech domains, creating a more competitive environment where new ideas can thrive.
