ANALYSING THE IMPACT OF ECONOMIC REGULATIONS AND TRADE BARRIERS ON INDIA’S ECONOMIC WELL-BEING

Economic Regulations and Trade Barriers are integral ideas to the discourse of policy framework in various countries. Our paper’s objective is to discern how economic regulations affect the overall well-being of the Indian economy. We have used the Multiple Linear Regression technique for the purpose of analysis, and the time period taken into consideration is from 1995 to 2019. The study explores and collates current research to draw conclusions that help understand the impact of economic regulations on India’s economic well-being. Through this analysis, we have deduced that the easing of trade barriers and economic regulations positively impacts the GDP per capita.