We Mean Business: What ails India's regulatory environment?

In the backdrop of the govt roping in top honchos to set up a 21-member panel for improving business environment in India, experts Vikram Singh Mehta, chairman of Shell group, Dhanendra Kumar, former chairman of Competition Commission of India (CCI), Nripendra Misra, former chairman of TRAI, Vinayak Chatterjee, chairman of Feedback Infrastructure, Mohan Guruswamy, distinguished fellow of the Observer Research Foundation and R S Loona, Managing Partner of Alliance and Former ED of SEBI discuss what ails India’s regulatory environment and how quickly and effectively can it be reformed.