Economy ยท GS3
NITI report on professional-services regulation
One line
NITI Aayog compared India's professional-services regulation with selected foreign jurisdictions.
Summary
Professional services support high-value exports and skilled jobs. Reform must balance competition with competence, ethics, liability, and consumer protection.
PYQ pattern
UPSC often tests the institution, mechanism, and limits behind this development. Use the official UPSC question-paper archive.
Core notes
- Professional services include regulated knowledge-intensive work.
- The release is a current trigger; implementation or operational results require separate evidence.
- Institutions need clear data, accountability, and review arrangements.
Prelims lens
- Professional services include regulated knowledge-intensive work.
- Distinguish announcement, approval, delivery, and measured outcome.
- Check the responsible institution and legal basis.
MCQ 1
Consider the following statements:
- Professional services include regulated knowledge-intensive work.
- Removing every competence standard is necessary for services exports.
Which of the statements given above is/are correct?
- A. 1 only
- B. 2 only
- C. Both 1 and 2
- D. Neither 1 nor 2
Reveal answerHide answer
A
Statement 1 is correct. Statement 2 is an overstatement or incorrect relationship.
MCQ 2
What can ease cross-border professional practice?
- A. Mutual recognition of qualifications
- B. Ignoring liability
- C. Ending ethics rules
- D. Banning digital delivery
Reveal answerHide answer
A
Mutual recognition of qualifications is correct.
Mains
Question, 10 marks, 150 words: How can India reform professional-services regulation while protecting clients and standards?
Approach:
- Define the institution, indicator, or technology.
- Explain its significance.
- Examine limits and implementation gaps.
- Suggest specific accountability measures.