Liberalization: Reducing government controls and restrictions on economic activity, such as industrial licensing and trade barriers.

Privatization: Transferring ownership of public sector enterprises to private hands to improve efficiency and reduce fiscal burden.

Globalization: Integrating the domestic economy with the global economy through trade, capital flows, and technology transfer.

Financial Sector Reforms: Deregulation of interest rates, strengthening banking regulations, and developing capital markets (e.g., NPA resolution, Insolvency and Bankruptcy Code).

Tax Reforms: Simplifying the tax structure, broadening the tax base, and improving collection efficiency (e.g., Goods and Services Tax (GST)).

Labor Reforms: Modernizing labor laws to promote employment, improve working conditions, and enhance industrial relations.

Ease of Doing Business Reforms: Streamlining regulations, reducing bureaucratic hurdles, and improving infrastructure to facilitate business operations.

Sector-specific reforms: Targeting key sectors like agriculture, manufacturing (e.g., PLI schemes), and infrastructure for growth and efficiency.

Liberalization: Reducing government controls and restrictions on economic activity, such as industrial licensing and trade barriers.

Privatization: Transferring ownership of public sector enterprises to private hands to improve efficiency and reduce fiscal burden.

Globalization: Integrating the domestic economy with the global economy through trade, capital flows, and technology transfer.

Financial Sector Reforms: Deregulation of interest rates, strengthening banking regulations, and developing capital markets (e.g., NPA resolution, Insolvency and Bankruptcy Code).

Tax Reforms: Simplifying the tax structure, broadening the tax base, and improving collection efficiency (e.g., Goods and Services Tax (GST)).

Labor Reforms: Modernizing labor laws to promote employment, improve working conditions, and enhance industrial relations.

Ease of Doing Business Reforms: Streamlining regulations, reducing bureaucratic hurdles, and improving infrastructure to facilitate business operations.

Sector-specific reforms: Targeting key sectors like agriculture, manufacturing (e.g., PLI schemes), and infrastructure for growth and efficiency.