PM Modi Hails 2025 Reforms: From GST Overhaul to Nuclear Energy Boost
PM Modi declares 2025 a year of pathbreaking reforms across sectors to accelerate Viksit Bharat goal.
Prime Minister Narendra Modi on Tuesday declared 2025 as a landmark year of “pathbreaking reforms” across multiple sectors, aimed at achieving the 2047 Viksit Bharat vision. Highlighting India’s young demography and resilient spirit as the driving force, he said the reforms strengthened institutions, simplified governance, and laid foundations for inclusive, long-term growth.
Economic and Taxation Reforms: The GST structure was streamlined into a two-slab system of 5% and 18%, reducing compliance burdens for households, MSMEs, and farmers. Meanwhile, the Income Tax Act, 1961, was replaced with the modern Income Tax Act, 2025, exempting individuals earning up to Rs 12 lakh annually and enhancing transparency through technology-driven administration.
Boosting Businesses and Investment: Policies expanded the definition of small companies, eased compliance costs, and allowed 100% FDI in Indian insurance firms, increasing competitiveness and consumer choices. Securities Market reforms through the new Securities Market Code Bill aim to strengthen governance, investor protection, and technology-enabled markets, while maritime legislation simplifies trade logistics.
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Labour and Rural Employment: Labour laws were consolidated into four modern codes, securing worker rights, improving industrial relations, and expanding coverage for unorganised workers. The Viksit Bharat-G RAM G Act raised rural employment guarantee from 100 to 125 days, strengthening village livelihoods and infrastructure, reflecting a citizen-focused approach.
Energy, Education, and Global Trade: The SHANTI Act lays a framework for safe nuclear energy expansion, powering emerging technologies and green energy. Education reforms aim to unify regulatory bodies under the Viksit Bharat Shiksha Adhishthan, enhancing autonomy, research, and innovation. International trade agreements with Europe, New Zealand, Oman, and Britain diversify markets and boost India’s global competitiveness.
PM Modi described the 2025 reforms as citizen-centric, data-driven, and collaborative, designed to foster entrepreneurship, social equity, and sustainable growth. He urged investors, innovators, and global partners to join India’s growth story, reinforcing the nation’s trajectory toward a prosperous and self-reliant Viksit Bharat.
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