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REFORMS WITHOUT BOMBAST: MODI GOVT STREAMLINES PROCESSES

The New Indian Express Vishakapatnam

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October 13, 2025

WHEN, it comes to economic reforms, in our obsession to look for big-bang, newsworthy headlines we tend to miss out on seemingly smaller developments.

- GOPAL KRISHNA AGARWAL

REFORMS WITHOUT BOMBAST: MODI GOVT STREAMLINES PROCESSES

Media and the chatterati look for hotly contested issues, where passions run high and the political economy of the country makes progress very challenging. An unfortunate consequence of this bias is a lack of fair assessment of the many ways in which the Government is upending the entrenched system of governance. Political corruption at the highest levels was one of the most important issues in the run-up to the 2014 general elections. With the Modi Government taking over the reins in 2014, that variant of corruption was eliminated. Laws and policies are no longer made in return for kickbacks. However, the harassment and corruption at lower-level causing difficulties to businesses and citizens is a different animal altogether. Recognising the need for a comprehensive, multifaceted approach to tackle this menace, Modi Government has initiated several measures.

Modi Government in the last 10 years has initiated several steps to streamline processes, repeal redundant laws and regulations and eliminate discretion. This has led to marked changes in the way citizens interact with the bureaucracy. The threat of fastening criminal charges on violations of laws, rules and regulations was a threat that facilitated easy extraction of money from businesses. Minor violations have now been decriminalised by the government and violators can only be made to pay fines. The other area of reform is the repeal of obsolete and redundant laws and regulations. Modi government in last 11 years has repealed over 1500 laws and eliminated over 40,000 unnecessary compliances.

FLERE HISTORIER FRA The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Engineering exports fall 16% in Oct; traders seek faster EPM execution

INDIA’ engineering goods exporters are seeking faster implementation of the Export Promotion Mission (EPM) as export performance continues to weaken — and US tariffs are not the sole driver of the decline.

time to read

1 min

December 01, 2025

The New Indian Express Vishakapatnam

PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it

PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.

time to read

1 min

December 01, 2025

The New Indian Express Vishakapatnam

SHOULD WE INVEST IN INDIAN EQUITIES

FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.

time to read

2 mins

December 01, 2025

The New Indian Express Vishakapatnam

In 2025, IPOs set to cross ₹2 lakh crore

WITH 11 more IPOs — including three mainboard issues aiming to mop up 26,644 crore —hitting the market this week, the primary market has already surpassed the 21.59 lakh crore raised in the whole of last year.

time to read

1 mins

December 01, 2025

The New Indian Express Vishakapatnam

Launch pads active across LoC, terrorists waiting for winters, says BSF official

AGAINST the backdrop of launch pads of several terrorists being active across the Line of Control (LoC), the border guards have deployed advanced surveillance equipment and upped the vigil to foil infiltration attempts from across the border, a senior BSF officer said on Sunday.

time to read

1 mins

December 01, 2025

The New Indian Express Vishakapatnam

Argentina and NZ play out thriller

TWO-TIME champions Argentina were favourites when they started their second Pool C match against New Zealand here at the Mayor Radhakrishnan Hockey Stadium on Sunday afternoon.

time to read

1 min

December 01, 2025

The New Indian Express Vishakapatnam

GIFT City now manages $100 billion in assets

GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.

time to read

1 mins

December 01, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Govt to list priorities on first day, VP to debut as RS chair

THE Winter Session of Parliament will commence on Monday with Prime Minister Narendra Modi’s customary address to the media. Newly elected Vice President (VP) CP Radhakrishnan will preside over Rajya Sabha for the first time.

time to read

1 min

December 01, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Omar, BJP refuse to take blame for controversial demolitions in Jammu

AS Chief Minister Omar Abdullah and Lt Governor Manoj Sinha have denied their involvement in the recent demolitions of houses in Jammu and Kashmir, the question arises who ordered the demolitions.

time to read

1 min

December 01, 2025

The New Indian Express Vishakapatnam

Chinese firm to print Nepal's currency notes

A Chinese security printing press has received a contract to print Nepal’s bank notes of various denominations, including for the latest NRs 1,000, a central bank official said Sunday.

time to read

1 min

December 01, 2025

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