Modi seeks Parliament’s approval for bold reforms boosting growth.
Modi pushes Parliament to back bold reforms for growth.
Prime Minister Narendra Modi has sought Parliament’s approval for a fresh round of sweeping economic reforms aimed at pushing India toward faster, more sustainable growth. The reforms, which span labour, land, investment, and digital governance, signal the government’s intention to accelerate structural changes even as the global economic landscape becomes increasingly uncertain.
Speaking to members of Parliament, Modi emphasized that India cannot afford to slow down at a time when global supply chains are shifting and major economies are battling economic volatility. He said the country must “move decisively, not gradually,” if it intends to position itself as a reliable hub for manufacturing, innovation, and investment in the coming decade.
Central to the proposed package is a renewed push to simplify business regulations and reduce compliance burdens that the private sector has long argued stifle investment. Officials say the reforms aim to streamline approvals for industrial projects, promote ease of doing business in both urban and rural districts, and create a unified digital interface for clearances—an effort to eliminate bottlenecks that often delay projects for months.
The government is also seeking Parliament’s nod on labour-related changes designed to provide workers with stronger social protections while giving employers more flexibility during economic downturns. Modi described the labour agenda as one that “balances compassion with competitiveness,” arguing that India’s workforce must be both protected and empowered as industries modernize.
Another major focus is the agricultural sector, where the government hopes to strengthen farm-to-market connections, expand storage and logistics capacity, and encourage private investment in processing and value-addition. While the proposals stop short of revisiting earlier controversial farm laws, they signal a renewed commitment to improving rural incomes and reducing inefficiencies that affect farmers across states.
Infrastructure development, a long-standing priority, remains central to the reform package. Modi called for accelerated spending on railways, highways, renewable energy, and digital networks, saying that strong physical and digital infrastructure will be “the backbone of India’s next growth chapter.” The government plans to increase partnerships with the private sector as part of this expansion.
Opposition parties have responded cautiously, saying they will examine the details before offering support. Some leaders urged the government to ensure that reforms do not place excessive strain on small businesses or dilute workers’ rights. Others insisted that any land-related proposals must protect vulnerable communities.
Despite political differences, there is broad acknowledgement that India stands at an economic crossroads. With global companies looking to diversify manufacturing away from China, and with India’s domestic market expanding, the coming months will determine whether the nation can convert opportunity into long-term economic transformation. As Parliament debates the proposals, Modi has urged lawmakers to consider the reforms not through the lens of politics, but through the lens of India’s future.