PM Modi: India on 'Reform Express' with 2025 shifts in GST, Nuclear Energy & more

India
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News18•30-12-2025, 16:48
PM Modi: India on 'Reform Express' with 2025 shifts in GST, Nuclear Energy & more
- •PM Modi declared India has "boarded the Reform Express," highlighting extensive policy changes in 2025 across various sectors.
- •Key reforms include a simplified two-slab GST (5% & 18%) and no income tax for individuals earning up to Rs 12 lakh annually.
- •Significant changes in business regulations: expanded small company definition, 100% FDI in insurance, and new Securities Market Code Bill.
- •Labour reforms merged 29 laws into four codes, while the SHANTI Act supports nuclear energy expansion.
- •India signed new trade agreements and increased rural employment guarantees from 100 to 125 days.
Why It Matters: PM Modi emphasizes 2025 as a year of transformative reforms propelling India towards Viksit Bharat.
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