India's Potential Economic Reforms: A Look at Proposed Changes
Published on: Dec. 28, 2025, 2:45 p.m. | Source: scanx.trade
The Indian government is considering comprehensive reforms in taxation, labor, business environment, international trade, and legal systems. Key proposals include simplifying GST to a two-slab system, consolidating labor laws, expanding MSME definitions, allowing 100% FDI in insurance, negotiating international trade agreements, modernizing maritime governance, and overhauling the legal system. These reforms aim to boost economic growth, enhance global competitiveness, and streamline governance across various sectors.
