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PM Modi chaired a meeting with ministers, secretaries, and economists to discuss next-gen reforms, emphasizing the government’s commitment to speedy reforms for prosperity.
Union Ministers Amit Shah, Rajnath Singh, Nitin Gadkari, Shivraj Singh Chouhan, Nirmala Sitharaman, and Piyush Goyal, among others, were present at the high-level meeting. (Photo: X/NarendraModi)
Prime Minister Narendra Modi on Monday chaired a meeting with top ministers, secretaries and economists to discuss the roadmap for next-generation reforms.
Union Ministers Amit Shah, Rajnath Singh, Nitin Gadkari, Shivraj Singh Chouhan, Nirmala Sitharaman, and Piyush Goyal, among others, were present at the high-level meeting.
In a post on X after the meeting, the Prime Minister said that his government is committed to speedy reforms across all sectors, which will boost Ease of Living, Ease of Doing Business and prosperity.
“Chaired a meeting to discuss the roadmap for Next-Generation Reforms. We are committed to speedy reforms across all sectors, which will boost Ease of Living, Ease of Doing Business and prosperity,” PM Modi wrote.
Chaired a meeting to discuss the roadmap for Next-Generation Reforms. We are committed to speedy reforms across all sectors, which will boost Ease of Living, Ease of Doing Business and prosperity. pic.twitter.com/XnJQ5vg3eK– Narendra Modi (@narendramodi) August 18, 2025
In his Independence Day speech, PM Modi announced the formation of a Task Force for Next-Generation Economic Reforms, aimed at overhauling laws, rules, and procedures that govern economic activity. He highlighted that the government has already abolished over 40,000 unnecessary compliances and 1,500 outdated laws, and in the latest parliamentary session, over 280 provisions were removed.
The PM emphasized that the government is committed to creating a modern, efficient, and citizen-friendly ecosystem, where laws, regulations, and processes are simplified, entrepreneurship is encouraged, and every Indian can contribute to building a Viksit Bharat.
The Task Force will work within a set timeline to: Reduce compliance costs for startups, MSMEs, and entrepreneurs; Provide freedom from fear of arbitrary legal actions; and Ensure laws are streamlined for ease of doing business.
Looking ahead, Next-Generation GST reforms by Diwali will reduce taxes on daily essentials, benefiting MSMEs, local vendors, and consumers, while simultaneously stimulating economic growth and creating a more efficient, citizen-friendly economy, PM Modi had said.
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter –twitter.com/saurabhkverma19
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter –twitter.com/saurabhkverma19
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