Cabinet Approves Transformative Policy Reforms Catalysing India’s Business Ecosystem Growth

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a comprehensive package of policy reforms that are fundamentally reshaping India’s business environment, as evidenced by a 27% surge in new business registrations from 1.55 lakh in FY20 to 1.97 lakh in FY25. These measures streamline compliance frameworks, enhance ease of doing business metrics, and unlock unprecedented investment opportunities across MSMEs, startups, and strategic manufacturing sectors, positioning India as the world’s premier investment destination.
At the core lies MCA 2.0, with its V3Ben10 framework that reduces compliance burdens by 40% through SPICe+ platform integration, automated filings, and an AI-powered MCA21 V3 portal delivering 99.9% uptime. Complementing this, Jan Vishwas 2.0 decriminalises 65+ provisions across 17 statutes, eliminating 1,500 daily compliance filings while LLP Act amendments enable unlimited partners alongside FDI liberalisation, catalysing professional services expansion. IBC reforms compress CIRP timelines to 150 days and introduce pre-packaged insolvency for MSMEs, accelerating resolution efficiency.
This entrepreneurial boom manifests in Startup India’s 1.2 lakh DPIIT-recognised entities and 100+ unicorns generating 15 lakh direct jobs. PLI schemes have mobilised ₹1.5 lakh crore investments across 14 sectors, creating 8 lakh employment opportunities while FDI inflows quadrupled to $667 billion (2014-25) versus the previous decade. Logistics Performance Index advanced from 44th (2018) to 38th (2023), reflecting supply chain maturation.
Digital Public Infrastructure powers seamless G2B services with 1,350 crore daily Aadhaar authentications and 15,000 crore monthly UPI transactions, underscoring governance excellence supporting Viksit Bharat@2047 vision.