PM Modi: 2025 Was India's 'Reform Express' Year, Driving Growth & Simplicity

• PM Modi declared 2025 a landmark year for India's "Reform Express," focusing on growth, governance, and citizen welfare.
• Key reforms included a simplified GST (5% & 18%), tax relief up to ₹12 lakh, and expanded small business definition.
• Major changes in insurance (100% FDI), securities (Securities Market Code Bill), and repeal of 71 outdated laws.
• Labour reforms merged 29 laws into four codes, extending ESIC/EPFO to unorganised workers.
• Trade deals with New Zealand, Oman, UK, EFTA; SHANTI Act for nuclear energy; Viksit Bharat–GRAM G Act, 2025 for rural workdays; single higher education regulator.

Why It Matters: India's 2025 reforms, dubbed 'Reform Express' by PM Modi, accelerated development across sectors.