economy
Over 40,000 reforms carried out in last decade for ease of business; Gujarat emerges as front-runner: DPIIT Secy
State governments have implemented over 40,000 reforms in the past decade. Gujarat leads these efforts, enhancing the ease of doing business significantly. India is recognized as a fast-growing economy and attractive investment destination. Government initiatives and free trade agreements promote industrial competitiveness and quality. Gujarat aims for a USD 3.5 trillion economy with strong growth momentum.
Context
At the Vibrant Gujarat Global Summit 2027 curtain raiser, the () Secretary announced that over 40,000 state-level reforms have been implemented in the past decade to improve the **Ease of Doing Business (EoDB)**. Gujarat was highlighted as a front-runner in these reforms, aiming to build a USD 3.5 trillion economy. The discussion emphasized the collaborative approach between the Centre and states, focusing on deregulation, infrastructure development, and enhancing global competitiveness through FTAs and quality standards.
Exam Perspectives
Key References
AI-generated study notes · sourced from Economic Times