
Has India's push for ease of doing business created a new 'Digital License Raj'? SIDDHARTH ZARABI, GROUP EDITOR, BUSINESS TODAY, questions DR SHAMIKA RAVI, MEMBER, PM ECONOMIC ADVISORY COUNCIL, on rising digital compliance burdens and RBI regulations. Dr Ravi explains that deregulation is a continuous process, not a one-time event from New Delhi. She highlights how real economic reform—from land acquisition to tackling legal delays—is happening at the state level. Reform-friendly states like Telangana and Andhra Pradesh are reaping the rewards, attracting massive GCC and data center investments. The discussion also touches upon whether the RBI is over-managing the Rupee amidst global headwinds. Watch the full video for exclusive macroeconomic insights.