Arvind Panagariya: India’s Own Rules Are Restraining Exports | BT India@100

At the BT India@100 Summit, 16th Finance Commission Chairman Dr Arvind Panagariya criticises India’s excessive export regulations and multi-layered permissions that hinder outbound trade. In conversation with Siddharth Zarabi, Group Editor, Business Today, he calls for dismantling overregulation, especially the widespread use of Quality Control Orders (QCOs), which he believes serve as protectionist tools. Panagariya argues that if goods already meet EU or US standards, they shouldn't face hurdles entering India. A sharp take on how India’s bureaucratic red tape is hurting its global competitiveness in face of the tectonic shift of Trump Tariffs.