Prime Minister Narendra Modi announced the formation of a deregulation commission to minimize state intervention in governance while promoting business ease. He criticized the previous UPA government for its slow reforms and outlined significant initiatives undertaken by the NDA government, including the GST and Jan Vishwas 2.0. Modi emphasized India’s rise as a global economic power and called for a positive dialogue in democracy.
Prime Minister Narendra Modi announced the establishment of a deregulation commission during the ET Now Global Business Summit 2025, aimed at reducing the state’s role in governance and enhancing the ease of doing business in India. He criticized the previous Congress-led UPA government for its slow pace of reforms, asserting that the current NDA government’s initiatives are driven by conviction rather than compulsion.
Modi emphasized the government’s achievements over the past decade, transforming the perception of business from one of fear to ease through significant policy changes, including the implementation of the Goods and Services Tax (GST). He highlighted further reforms under Jan Vishwas 2.0 to simplify compliance for businesses, reflecting the government’s commitment to fostering a more favorable business environment.
In his address, Modi expressed gratitude to voters in Odisha, Maharashtra, Haryana, and New Delhi, who supported the Bharatiya Janata Party (BJP) and its allies in recent elections. He remarked on India’s growing global confidence and its influential role in international discussions, particularly in emerging technologies such as artificial intelligence.
Citing successful initiatives such as the Svamitva Yojana, which enhanced property rights for rural citizens, Modi noted that over 300,000 land surveys have been completed. This program has provided property cards to over 22.5 million individuals, unlocking approximately ₹100 lakh crore in rural property value.
In his criticism of the previous government, Modi stated that the Congress party demonstrated a lethargic approach towards development and reform. He underscored the transformative shifts brought about since the BJP assumed power in 2014, urging citizens to foster positive dialogues in democracy rather than perpetuating negativity.
PM Modi further reflected on India’s economic progress, asserting that it has become the fifth largest economy and is poised to become the third largest in the near future. He compared the current reformist approach with previous governments, which he alleged acted out of compulsion rather than a true belief in change. Asserting the need to address lingering colonial legacies, he concluded with a mention of the Bharatiya Nyaya Sanhita (BNS) and its positive impacts observed within months of implementation.
In summary, Prime Minister Modi’s announcement of a deregulation commission emphasizes his government’s commitment to reducing state interference and promoting business-friendly reforms. His contrast of the current administration’s reform conviction against the previous government’s compulsion reflects a broader narrative of economic empowerment and progressive governance. As India progresses, the Prime Minister envisions a more dynamic economy, aiming for significant future growth while urging a shift towards constructive dialogue within democratic spaces.
Original Source: www.hindustantimes.com
