Let’s improve how we make laws and frame rules by granting regulatory impact assessments a statutory anchor
Cite this
Citations are auto-generated; verify before publishing. The legislation classification is PolicyDhara's, not the source's.
Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
A legal framework to assess the effects of laws and rules would make India’s regulatory apparatus more evidence-based, transparent and business-friendly. In any case, new trade agreements include provisions for regulatory impact assessments (RIAs).
Key Facts
Type Legislation
Source Livemint - Opinion
Published Tuesday, 12 May 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right