August 6, 2016
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Insolvency and bankruptcy legislation among reform measures to boost investment, entrepreneurship and sustained economic growth.
Sustained acceleration in real GDP growth is linked to government measures to stimulate investment, production and employment, including fiscal incentives for manufacturing and infrastructure, liberalisation of foreign direct investment, supply-side interventions and programmes such as Skill India, Digital India and Make in India. The strategy foregrounds regulatory and institutional reforms, notably insolvency and bankruptcy related legislation, entrepreneurship promotion initiatives (Start-up India; Stand Up India), and targeted agricultural and infrastructure supports, together with improved policy clarity and transparency.