CII Policy Report seeks deep reforms in economy, energy, jobs and urban development

The Confederation of Indian Industry (CII) released a landmark policy report titled “Policies for a Competitive India”, outlining more than 250 reform recommendations across 14 critical areas aimed at accelerating India’s transformation into a globally competitive economy.

The blueprint sets out a wide-ranging agenda covering macroeconomic policy, fiscal prudence and inflation management; public sector reform through privatisation of non-strategic enterprises and the creation of a Sovereign Wealth Fund; and regulatory simplification to ensure new rules are evidence-based.

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It calls for a sharper focus on ease of doing business with single-window clearances, time-bound approvals, and second-generation insolvency reforms, while recommending factor market reforms such as digitised land titling, streamlined labour codes, and a national minimum wage framework.

On energy and sustainability, the report proposes competitive power tariffs, elimination of cross-subsidisation, private participation in nuclear energy, a green hydrogen roadmap, sustainability-linked procurement, and digitised climate data.

Judicial reforms, including faster dispute resolution and stronger arbitration mechanisms, are highlighted alongside a simplified and predictable tax regime with GST rationalisation and modernised customs.

In trade, the agenda stresses rationalised tariffs, stronger provisions in free trade agreements, and a dedicated e-commerce export strategy.

The blueprint further emphasises manufacturing competitiveness through support to the ‘missing middle’, MSME facilitation with phased compliance and technology adoption, employment generation through national and gig economy policies, and urban transformation with modern planning, stronger municipal finances, and affordable housing.

Speaking on the report, Rajiv Memani, President, CII, stated, “The recommendations in the report are closely aligned with the Government’s reform trajectory and are in support of the Prime Minister’s call for bold and transformative change.”

“As a live document, Policies for a Competitive India will continue to evolve, bringing fresh ideas to support policymakers.”

The report is developed through consultations with industry leaders, economists, and policy experts, and is aligned with the government’s Viksit Bharat vision.