• Further Reforms Needed:
    • Deregulation and simplification of compliances should continue.
    • Dismantle licensing, inspection, and compliance regime entirely.
    • State governments should address power sector issues and financial viability of DISCOMs.
    • Impetus to education and skilling to meet modern industry requirements.
    • Initiatives to sensitize population towards healthy lifestyle.
    • Strategies to arrest and reverse rising obesity levels.
    • Reduction in compliance burden of MSMEs.
  • Major Reforms in Union Budget (past few years):
    • Improved fiscal transparency and realistic revenue assumptions.
    • Discontinuation of Plan and Non-plan classification.
    • Merger of railway budget with main budget.
    • Shifting budget date to 1 February.