ranjan

There has been a long recognised positive relation between income levels and measures of human welfare. Evidence exists of linking distribution of income and regulations changing the income levels of higher income households.    Regulations are salient feature of a well functioning society. Such regulations brings in both at economic and human costs which underscores the need for judicious application of carefully designed regulations. Failure to maintain this realty results into huge buildup of red tape both at Centre and State levels. These factors becomes associated to poverty, income inequality and immortality. Both Centre and States should carry out serious and complete compaigns to identify and eliminate such costly regulations and impose regulatory budgetary rules thereby empowering state agencies to regularly re-evaluate and eliminate such poorly performing regulations before enforcing new regulations. The results will be encouraging and will certainly show a path which will li