New Delhi: Prime Minister Narendra Modi on Tuesday highlighted the continued momentum of India’s reform agenda, asserting that the government’s “Reform Express” is powered by a combination of comprehensive investment initiatives and demand-led policies. Speaking through an official statement, the Prime Minister emphasised that the government’s multifaceted reforms aim to strengthen India’s economic foundations while creating a more business-friendly environment for investors and entrepreneurs.
According to the Prime Minister, public investment remains at the core of the government’s strategy, with large-scale capital expenditure across infrastructure sectors such as roads, railways, energy and urban development helping to ease long-standing bottlenecks and reduce logistics costs. Analysts note that this approach not only boosts short-term demand but also has a multiplier effect, stimulating private sector investment and long-term productivity gains.
Manufacturing incentives form another key pillar of the government’s reform push. Schemes such as the Production Linked Incentive (PLI) programme, covering sectors from electronics and automobiles to pharmaceuticals and specialty steel, are designed to increase domestic value addition and integrate India more deeply into global supply chains. Early results suggest growth in sectors such as electronics manufacturing and pharma exports, although industry stakeholders continue to seek clarity on policy implementation and procedural simplification.
Digital public goods also figure prominently in Modi’s agenda. Platforms including Aadhaar, UPI, DigiLocker and the GST Network have streamlined service delivery, lowered transaction costs, and enhanced financial inclusion. UPI, in particular, has become a global benchmark for real-time digital payments, reinforcing India’s leadership in digital financial infrastructure.
Finally, Modi highlighted reforms aimed at improving the ease of doing business, noting that regulatory simplification and process digitisation have reduced compliance burdens and accelerated approvals for businesses. Collectively, these measures are intended to enhance India’s competitiveness, attract global investment, and foster inclusive growth, supporting the government’s vision of a prosperous, resilient economy.