PIB · Government of India ·

Rajiv Gauba advocates light-touch, risk-proportionate regulation at 5th Kautilya Economic Conclave for trust-based governance.

Distilled Policy Brief

  • He emphasized that rapid technological disruptions such as Artificial Intelligence, cybersecurity, and digital tech are outpacing institutional adaptability, requiring regulators to strengthen analytical capacities and enhance inter-regulatory coordination.

🎯 Prelims High-Yield Examination Points

Understand the principles of 'Risk-Proportionate Regulation' and the 'Jan Vishwas' (Trust-Based Governance) framework designed to reduce compliance burden and enhance market predictability.

⚖️ Mains Analytical & Syllabus Linkages

Analyze how reforming regulatory architecture and building state regulatory capacity are critical to supporting rapid economic growth towards Viksit Bharat 2047.

🎯 UPSC Prelims Practice Drill

Economy

With reference to the recent discussions at the 5th Kautilya Economic Conclave regarding regulatory frameworks, consider the following statements: 1. Rapid technological disruptions, such as Artificial Intelligence and cybersecurity, are outpacing institutional adaptability. 2. Regulators were advised to adopt a heavy-handed, zero-failure intervention approach across all emerging sectors to completely eliminate risks. Which of the statements given above is/are correct?

  • [A] 1 only
  • [B] 2 only
  • [C] Both 1 and 2
  • [D] Neither 1 nor 2
▶ Reveal Official Answer & Analytical Explanation
✓ Correct Option: [A] 1 only

Statement 1 is correct because the address highlighted that technological disruptions like Artificial Intelligence and cybersecurity are outpacing institutional adaptability. Statement 2 is incorrect because the conclave called for a low-intervention, risk-based regulatory approach rather than trying to regulate every potential failure or adopting heavy-handed interventions in rapidly changing sectors.

Tark High-Yield Question Bank ⚡ Practice Full Test in Testing Arena ↗

🏛️ Historical Twin PYQ Anchor (2021)

UPSC Prelims 2021

Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.

Forensic Anchor: Cabinet Allocation of Business Rules & NCAP Framework
Examiner Trap Takeaway: UPSC swapped Central Pollution Control Board role with State Pollution Control Boards for state-level monitoring.

📚 Static Syllabus & Constitutional Linkages

Regulatory State & Institutional Capacity: Public Governance and Policy concepts highlighting the balance between regulatory independence, transparency, and technical expertise to prevent regulatory capture and compliance friction.
Ease of Doing Business & Investment Climate: Indian Economy GS3 context on reducing friction in factor markets, boosting business confidence, and fostering global competitiveness through stable regulatory policy.