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Modi Government Reforms Fuel 27% Surge in New Businesses, Driven by Ease of Doing Business
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Modi Govt Reforms Boost New Businesses: 27% Jump in Registrations
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News18
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05-03-2026, 23:25
Modi Govt Reforms Boost New Businesses: 27% Jump in Registrations
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New businesses surged by 27%, with 1.98 lakh registrations in FY 2025-26 (up to Feb 3, 2026) compared to 1.55 lakh in 2020-21.
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Reforms focus on digital trade facilitation, tax certainty, reduced compliance, and an investment-friendly tax regime.
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Institutional reforms like Start-up India, Credit Guarantee Scheme, and Digital Credit Assessment Model foster an investor-friendly environment.
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India boasts over 2.16 lakh DPIIT-recognized startups by Feb 2026, becoming one of the world's largest startup ecosystems.
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These measures enhance ease of doing business, promote innovation, accelerate MSME growth, and establish India as a global business hub.
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