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Indian advisor calls for different regulatory approaches for financial vs. non-financial sectors.
V. Anantha Nageswaran, India's Chief Economic Advisor, stressed the need for distinct regulatory approaches for financial and non-financial sectors at the Global Economic Policy Forum 2024.
He argued that financial systems need strict regulation to prevent instability, as seen in the 2008 crisis, while non-financial sectors can rely more on market forces.
The event highlighted balancing regulation and innovation for stable economic growth.
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Asesor indio pide diferentes enfoques regulatorios para los sectores financieros vs. no financieros.