Summary
Predictable, rules-based regulation is the foundation on which long-term capital and enterprise can be built in India's growth decade.
Regulatory certainty is the single most important determinant of long-horizon investment. Firms commit capital not where rates are lowest, but where rules are clearest.
This brief argues that India's reform appetite must now turn toward a measured doctrine of regulatory predictability — published criteria, time-bound decisions and credible appellate review.
We outline a three-tier framework for risk-based screening and propose institutional safeguards that protect strategic interests without dulling the country's openness to global capital.