Prime Minister Narendra Modi has underscored the importance of sustained and methodical governance reforms, saying that India’s growth story is being shaped by credibility, stability and long-term confidence rather than headline-driven policy changes.
The Prime Minister shared an article titled “Reform Express 2025” written by Union Petroleum and Natural Gas Minister Hardeep Singh Puri.
The article reflects on what PM Modi described as the “quiet, cumulative work of governance” that has steadily cleared bottlenecks across sectors.
Responding to Puri’s post on X, the Prime Minister’s Office said the article captures how reforms across labour laws, trade agreements, logistics, energy and markets have laid a strong foundation for India’s next phase of growth.
“From labour laws and trade agreements to logistics, energy and market reforms, India’s growth story is being built on credibility, stability and long-term confidence,” the PMO said.
In his article, Puri said that while major economic milestones often dominate headlines, it is the continuous week-after-week reform effort that has driven India’s economic resilience. He noted that India has crossed $4.1 trillion in nominal GDP, overtaken Japan to become the world’s fourth-largest economy, and received a sovereign rating upgrade from Standard & Poor’s to BBB after 18 years, signalling durable macroeconomic strength.
Highlighting trade and export growth, the article said India’s total exports reached $825.25 billion in 2024-25, supported by digital initiatives such as the Trade Connect e-Platform and the Trade Intelligence and Analytics (TIA) portal. It also cited major trade agreements, including the India-UK Comprehensive Economic and Trade Agreement, the CEPA with Oman, and the conclusion of negotiations for a free trade agreement with New Zealand.
Puri pointed to the expansion of India’s startup ecosystem, which now includes over two lakh government-recognised startups, generating more than 21 lakh jobs. Platforms such as the Open Network for Digital Commerce (ONDC) and the Government e-Marketplace (GeM) have significantly increased digital transactions and market access for micro and small enterprises.
On the legislative front, the article highlighted the repeal of obsolete laws through the Repealing and Amending Act, 2025, reduction of over 47,000 compliances, and decriminalisation of more than 4,400 legal provisions. The implementation of the four labour codes from November 2025 consolidated 29 central labour laws into a simplified framework covering wages, industrial relations, social security and workplace safety.
Puri also underlined reforms in capital markets through the proposed Securities Markets Code Bill, maritime and logistics modernisation via the Indian Ports Act, 2025, and shipping sector reforms aimed at improving efficiency and reducing costs.
Energy reforms formed a key pillar of the Reform Express narrative. Measures such as the Oilfields (Regulation and Development) Amendment Act, 2025, new Petroleum and Natural Gas Rules, expansion under the Open Acreage Licensing Policy, and the National Deep Water Exploration Mission were highlighted as steps to reduce investor risk and strengthen domestic energy security.
The article also emphasised the government’s push towards nuclear energy through a ₹20,000 crore Nuclear Energy Mission and the proposed SHANTI Bill, aimed at modernising India’s civil nuclear framework and enabling regulated private participation.
Summing up the reform journey, Puri wrote that the government’s approach has focused on cleaning up outdated laws, modernising compliance systems, strengthening governance, digitising trade, fixing logistics, and de-risking long-term investments.
“Prime Minister Narendra Modi has consistently argued that the role of the state is to reduce the burden on entrepreneurs so that productivity can compound,” the article said, adding that the foundations of India’s next phase of double-digit growth are being laid through steady and disciplined reform.
