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Over-regulation is dangerous

Business Standard |  Jun 26, 2017 10:36 PM IST

A former banker got a taste of red tape in Delhi recently. At the national capital to release his book, he wanted a separate room for his wife at a members-only institution. The rules of the institution did not permit him to book a separate room for his wife. A helpful manager suggested he book a room for a “guest”. Left without an option, the former banker checked in his wife as a “guest”. “So my wife is my guest now,” he remarked while explaining the dangers of over-regulation.

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