Chief Economic Advisor Dr V Anantha Nageswaran said India's regulatory burden has made "honesty a commodity at a premium," warning that excessive compliance and discretionary inspections continue to fuel corruption across levels of governance. Nageswaran said the corruption problem was not limited to taxes or bribes but lay deeper in India's compliance culture. Advertisement

"There are problems which we have inherited as stock of problems, and when we say the government should remember we have government at all levels—union, state, and local," he said in a podcast conversation with Monika Halan for Groww.

"Where I was coming from is in terms of the regulatory burden because when you have so much of compliance, inspection, and licensing etc., the easier tendency is to take shortcuts, an

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