Let’s look before we leap: why India must study the actual impact of every regulation
In this context, the department for promotion of industry and internal trade has released its Regulatory Impact Assessment (RIA) guidebook for Union ministries and departments. It draws upon CUTS’s RIA toolkit, which has also been annexed to it. Earlier, recommendations by several committees, the Economic Survey, Securities Market Code, 2025, and Union budget for 2026-27 had highlighted the need for RIA.