N.R. Narayana Murthy, Founder, Infosys Ltd : Competition and Regulation are the Two Mechanisms whIch can ensure that the “Invisible Hand” works to the advantage of the Society; https://www.taxtmi.com/news?id=14518 Competition and regulation are complementary mechanisms to ensure the invisible hand benefits society: competition drives innovation and new services, while regulation must be swift and fearless to secure entrepreneur confidence. The government must remove frictions to business, act swiftly to generate growth and jobs, build an independent meritocratic judiciary with modern technology, institute transparent and stable taxation, and use public funds efficiently for education, healthcare, nutrition and shelter. Institutional measures include notification of substantive Competition Act provisions, implementation initiatives, and an e governance project for electronic filings. en-us Thu, 21 May 2015 09:48:31 +0530 Thu, 21 May 2015 09:48:31 +0530 TaxTMI RSS Generator N.R. Narayana Murthy, Founder, Infosys Ltd : Competition and Regulation are the Two Mechanisms whIch can ensure that the “Invisible Hand” works to the advantage of the Society; https://www.taxtmi.com/news?id=14518 Competition and regulation are complementary mechanisms to ensure the invisible hand benefits society: competition drives innovation and new services, while regulation must be swift and fearless to secure entrepreneur confidence. The government must remove frictions to business, act swiftly to generate growth and jobs, build an independent meritocratic judiciary with modern technology, institute transparent and stable taxation, and use public funds efficiently for education, healthcare, nutrition and shelter. Institutional measures include notification of substantive Competition Act provisions, implementation initiatives, and an e governance project for electronic filings. News - Thu, 21 May 2015 09:48:31 +0530 https://www.taxtmi.com/news?id=14518