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Nov 18,2015
“Reform of Restrictive Land-Use Provisions Will Be Tipping Point in Cities” quotes Senior Fellow Alain Bertaud:
Reforms of existing restrictive land-use provisions and doing away with some of the other regulations that limit economic progress, will be the tipping point leading to a surge in entrepreneurship and productivity in Indian cities, urban planning scholar Alain Bertaud said on Tuesday....‘The idea is to audit regulation and to get rid of the regulation, which cannot be justified….I compare it to pruning a tree. When you have a fruit tree, you have to cut some branches. The idea is not just to cut branches, it’s to improve the productivity of the tree.’
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