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Opinion News

The Economic Times

Opinion / The Economic Times

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India needs a transparent rulebook for the business of influence

India lacks a transparent framework for public scrutiny of lobbying efforts. The recent debate over UPI merchant discount rates highlights this significant gap. A proposed Regulatory Advocacy and Market Access Act would mandate disclosure. This act aims to distinguish evidence from advocacy and domestic from foreign interests. Such transparency is crucial for informed policy-making and public trust.

23 Aug 2026 11:14 pm