oppn parties An Arsenal for India's Economic Ascent

News Snippets

  • Justice Surya Kaqnt sworn in as the 53rd CJI. Says free speech needs to be strengthened
  • Plume originating from volacnic ash in Ehtiopia might delay flights in India today
  • Supreme Court drops the fraud case against the Sandesaras brothers after they agree to pay back Rs 5100 cr. It gives them time till Dec 17 to deposit the money. The court took pains to say that this order should not be seen as a precedent in such crimes.
  • Chinese authorities detain a woman from Arunachal Pradesh who was travelling with her Indian passport. India lodges strong protest
  • S&P predicts India's economy to grow at 6.5% in FY26
  • The December MPC meet of RBI may reduce rates as the nation has seen steaqdy growth with little or no inflation
  • World Boxing Cup Finals: Hitesh Gulia wins gold in 70kgs
  • Kabaddi World Cup: Indian Women win their second consecutive title at Dhaka, beating Taipei 35-28
  • Second Test versus South Africa: M Jansen destroys India as the hosts lose all hopes of squaring the series. India out for 201, conceding a lead of 288 runs which effectively means that South Africa are set to win the match and the series
  • Defence minister Rajnath Singh said that Sindh may be back in India
  • After its total rejection by voters in Bihar, the Congress high command said that it happened to to 'vote chori' by the NDA and forced elimination of voters in the SIR
  • Central Consumer Protection Authority (CCPA) fined a Patna cafe Rs 30000 for adding service charge on the bill of a customer after it was found that the billing software at the cafe was doing it for all patrons
  • Kolkata HC rules that the sewadars (managers) of a debuttar (Deity's) property need not take permission from the court for developing the property
  • Ministry of Home Affairs said that there were no plans to introduce a bill to change the status of Chandigarh in the ensuing winter session of Parliament
  • A 20-year-old escort and her agent were held in connection with the murder of a CA in a Kolkata hotel
Iconic actor Dharmendra is no more, cremated at Pawan Hans crematorium in Juhu, Mumbai
oppn parties
An Arsenal for India's Economic Ascent

By Sunil Garodia
First publised on 2025-08-24 03:44:38

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator.

When Prime Minister Narendra Modi speaks of unleashing an "arsenal of reforms," he is not indulging in political hyperbole. He is signalling intent - an intent that could redefine the trajectory of India's economic future. For far too long, India has tinkered at the margins, opting for incremental steps when quantum leaps were required. This new declaration suggests the era of half-measures is over.

India today is not a country in crisis. It is not compelled by IMF bailouts, collapsing reserves, or runaway inflation to reform under duress. Instead, it is choosing to reform from a position of relative strength, propelled by conviction rather than compulsion. That distinction matters. It transforms reforms from being reactive to being visionary.

The outlines of this new agenda are already visible. The Jan Vishwas Bill - decriminalizing hundreds of regulatory provisions - signals a long-overdue shift from distrust to trust in governance. Tax reforms aimed at transparency and simplification are beginning to liberate both entrepreneurs and ordinary citizens from an archaic web of compliances. Infrastructure push in mining, shipping, and ports reflects a strategic bet on sectors long neglected but brimming with potential to boost productivity and create jobs.

Then there is the emphasis on technology and innovation. India's announcement of its first homegrown semiconductor chip and the rollout of indigenous 5G infrastructure are more than policy achievements - they are statements of intent. They announce to the world that India aspires not merely to consume the technologies of tomorrow but to create them.

The proposed rationalisation of the Goods and Services Tax (GST) may prove to be the most consequential reform of all. Simplifying the structure, cutting levies on essentials, and stimulating demand could unleash a virtuous cycle of growth. At a time when global consumption is stalling, India's ability to energize its domestic market could make it the world's most reliable growth engine.

Critics will rightly point out that implementation is where Indian reform stories often falter. Announcements excite; execution disappoints. Bureaucratic inertia, entrenched interests, and political compromises can derail even the boldest plans. But if the government manages to sustain momentum - if it translates intent into action - it will have written a new chapter in India's economic history.

The genius of this reform push lies in its timing and its breadth. Unlike the crisis-driven reforms of 1991, these are being pursued in anticipation of future needs. They aim not just to fix the present but to build the scaffolding of a "Viksit Bharat" by 2047. By aligning ease of doing business with ease of living, by linking fiscal prudence with social inclusion, and by pairing economic growth with technological sovereignty, the government is sketching a blueprint for an India that is not merely catching up but setting the pace.

This is what makes Modi's promise of a "quantum leap" credible. It is not just about GDP numbers, but about reimagining the architecture of India's economy - leaner, faster, more adaptive, and globally competitive.

If the execution matches the ambition, this arsenal of reforms will not just make India stronger. It will make India unstoppable.