India: RBI governor Rajan bats for easier startup norms

Raghuram Rajan said there should be a level-playing field in every way for small firms. Photo: Abhijit Bhatlekar/Mint

Reserve Bank of India (RBI) governor Raghuram Rajan on Monday made the case for “bare minimum regulation” to encourage start-ups. Start-ups are key to creating employment in the country, he argued.

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