Nirmala Sitharaman announced incentives-based reforms focusing on land, labour, capital, and entrepreneurship to boost productivity. An economic policy framework is forthcoming, with key collaborations with states. DK Pant supports the initiative. Last fiscal year saw 8.2% growth. IMF forecasts India as the fastest-growing major economy, growing twice the global average. Central bank forecasts 7%, Economic Survey predicts 6.5-7% FY25.
