Govt’s 100-Day Reform Agenda to Liberalise FDI and Boost Exports

New Delhi, Aug 19 (KNN) The Commerce and Industry Ministry is preparing a 100-day reform plan aimed at strengthening India’s investment climate and boosting exports, an official has said.

The agenda is expected to feature proposals such as liberalising the foreign direct investment (FDI) framework and making it easier for investors from neighbouring countries to participate in the Indian market.

To support entrepreneurs, the ministry is also considering additional tax benefits for startups. These measures are expected to create a more business-friendly environment and attract global as well as domestic capital.

The reform agenda may also touch upon sector-specific changes. For instance, the government is likely to ease certain environmental rules for the leather and footwear industry. The move is aimed at improving competitiveness while ensuring sustainable growth.

On the trade front, plans are in place to fast-track the creation of e-commerce export hubs. These hubs will provide infrastructure and logistics support to help Indian businesses expand their global reach.

Additionally, the government is prioritising the early rollout of BharatTradeNet, a digital platform designed to streamline trade processes.

Another key proposal includes integrating laboratory testing and certification services onto a single platform. This will help exporters by reducing delays and ensuring faster clearances for goods.

Overall, these initiatives are being designed to simplify procedures, support startups, strengthen industries, and boost India’s position in global trade.

(KNN Bureau)