PM Modi: India Boards 'Reform Express,' Unveils Landmark 2025 Reforms for Growth

India
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Moneycontrol•30-12-2025, 20:27
PM Modi: India Boards 'Reform Express,' Unveils Landmark 2025 Reforms for Growth
- •PM Modi announced India has boarded the 'Reform Express,' detailing next-generation reforms implemented in 2025 across various sectors to accelerate growth.
- •Key reforms include a two-tier GST structure, 100% FDI in insurance, a modern Income Tax Act 2025, and expanded definition for small companies.
- •Parliament passed five maritime laws and implemented four modern labor codes to streamline trade, protect workers, and boost business.
- •New trade agreements with New Zealand, Oman, UK, and EFTA strengthen India's global economic standing and foster investment.
- •Reforms in nuclear energy ('Peace Act') and increased rural employment guarantee (100 to 125 days) aim for inclusive development and a 'Viksit Bharat'.
Why It Matters: PM Modi details 2025 'Reform Express' initiatives accelerating India's journey to 'Viksit Bharat'.
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