A government panel tasked with regulatory reform on Friday came up with around 230 measures aimed at fueling economic growth through medical, employment and farm deregulation.
The proposals, submitted to Prime Minister Shinzo Abe, could become a centerpiece of his revamped "third arrow" growth strategy due to be compiled on June 27, but some analysts say many of the steps further the interests of business lobbyists and might bring little benefit to consumers.
The Council for Regulatory Reform, headed by Sumitomo Corp. adviser Motoyuki Oka, presented a package of recommendations and stressed the importance of reforms to give people more choice.