The Modi government has taken a bold political step by ushering in far reaching reforms that will free the Indian farmers from socialist-era regulations that hinder price discovery and open up the sector to foreign and domestic investments that can bring in billions of dollars and new technology to India’s farms.
In a major new reforms initiative, the Indian government has replaced more than 40 central laws and over 100 state-level statutes on labour with four comprehensive labour codes to improve the ease of doing business and to address concerns of domestic and foreign investors without compromising on worker benefits.
In order for India to fulfil its potential, it must ensure its youth today is fully equipped to embrace the jobs of tomorrow.
The Modi government has launched the biggest-ever reforms of India’s public procurement system by taking the process online. This has substantially reduced human interface and, with it, brought down corruption, delays and inefficiency. It has the potential of becoming the Indian government’s answer to Amazon.
The latest instalment of production linked incentives offered by India to lure global manufacturers is simply the next step in a long line of reforms and policies taken by the Modi government to send out a clear message to the world – India means business.
Mission Karmayogi, the Modi government’s much needed initiative to radically reform India’s gargantuan bureaucracy could well become a global benchmark and help in the drive to make India much more globally competitive, writes India Inc. Founder and CEO Manoj Ladwa.
The rich heritage of Indian toys can be traced back to the Harappan civilisation. As modern consumer habits move back towards locally-made, quality products in post-Covid world, PM Modi’s call to “team up for toys” makes solid commercial sense in a country where half the population is under the age of 25.
By pressing ahead at this time with the privatisation of Air India and announcing that Non Resident Indians will be allowed to bid for and buy 100 per cent of India’s ailing national carrier, Modi is proving himself to be unabashed about continuing to walk the talk on economic reforms, writes India Inc. Founder and CEO Manoj Ladwa.
Nearly one year since the Indian government scrapped Article 370 and bifurcated the state of Jammu and Kashmir, it is evident that there has been a strategic paradigm shift in India’s policymaking.