Initiatives such as Ease of Doing Business, Free Trade Agreements (FTAs) and growing public confidence have infused a fresh energy into the economy, he said in a social media post on X.
Despite GST 2.0’s rollout last year and ongoing digitisation efforts, small and medium enterprises continue to face complex compliance requirements that affect their operational efficiency and working capital.
During their meeting with Chief Minister Yogi Adityanath, industry representatives clearly expressed their views.
With the objective of ensuring “Ease of Doing Business,” the Cabinet Secretariat, under the visionary leadership of Prime Minister Narendra Modi, initiated this exercise for all states.
The article underscores the government's commitment to creating a future-ready economy, simplifying compliance, empowering women workers, and strengthening India's position in the global value chain.
Accordingly, on receipt of recommendations from the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Expenditure has granted permission to these 20 States to raise additional financial resources of Rs 39,521 crore through Open Market Borrowings.
The Prime Minister said his government has relied on the capabilities of Indian engineers and scientists on developing the Tejas fighter aircraft. Today the Tejas was flying gracefully in the skies. A few weeks back, an order worth Rs. 48,000 crore was placed for Tejas.
Indian Railways has embraced a “Freight on Priority” policy by pushing for an aggressive customer-centric approach to expand the freight carried not only from the traditional segments but also by attracting new customers to its fold.
Rajasthan has now joined the five other States namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana, who have achieved this feat.
5 States have so far completed the stipulated reforms in the Ease of Doing Business.
