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New Delhi, Jun 10 (PTI) From tax reforms to digital push, and ease of doing business to moving towards becoming the fastest-growing economy, the government on Wednesday highlighted the achievements during the 12 years of Narendra Modi as India's longest-serving elected prime minister.
Modi surpassed Jawaharlal Nehru's record of 4,398 days as an elected prime minister.
A booklet released by the Centre on the occasion said the reduction in income tax burden over the past 12 years reflects the government's vision of 'Ramrajya', adding reforms like GST, faceless tax, and Digital India have helped build trust in the public system that will support India in becoming a USD 5-trillion economy.
Increased taxpayer confidence has enabled greater investment in roads, hospitals, infrastructure, and other initiatives aimed at strengthening India's future.
India's growth story has transitioned from 'Fragile Five' to 'Fastest Growing Economy'. In 2013, India was ranked among the world’s five most vulnerable economies; however, decisive reforms completely turned the tide, it said.
"Today, India stands proudly as the world’s fastest-growing major economy. Behind this monumental transformation lies a series of decisive reforms." The government successfully brought inflation under control, implemented GST, thus unifying the entire nation into a single market, and carried out banking reforms, which led to a reduction in non-performing assets (NPAs).
"Twelve years of reforms have become twelve years of trust. Whether it is GST, faceless tax, or Digital India, every step has made citizens feel that they too are nation-builders. India is moving towards a 5-trillion-dollar economy. This is not just a figure, it is the flight of every Indian's dream," the booklet said.
Highlighting the achievements of the government's digital push, an official document released on Wednesday said the cost of 1 GB of data plunged by 97 per cent to around Rs 8-10 from Rs 269 in 2014, which led to an increase in internet usage in rural areas and opened a new world of opportunities for the people.
In the last 12 years, the country has seen about a fourfold surge in internet users to 103 crore up to December 2025 from around 25 crore subscribers in 2014. Meanwhile, broadband connections have jumped about 17 times to nearly 100 crore from 6 crore during the same period.
A booklet titled 'Public Service is the Resolve' highlighted the initiatives taken by the government in the last 12 years for farmers' welfare.
The Modi government has increased the annual budget for the agriculture ministry by fivefold in the last 12 years to Rs 1.4 lakh crore for the current fiscal as part of its efforts to boost the farm sector and enhance farmers' income.
The Centre has distributed a whopping Rs 4.3 lakh crore to farmers under PM-KISAN. Under the scheme, launched in February 2019, the government provides Rs 6,000 to eligible farmers annually in three equal instalments.
Industry leaders lauded the government's reforms and policies, and said the nation has emerged as an influential global voice under Modi's transformative leadership.
They highlighted the government's emphasis on improving ease of doing business, saying that it has benefited from the enabling environment marked by increased investor confidence and that India Inc stands firmly with the prime minister in realising the Vision of Viksit Bharat by 2047.
Confederation of Indian Industry President R Mukundan said the growing confidence in India's capabilities is reflected in its resilience, ambition, and continued progress towards becoming a leading global economic powerhouse.
"As India moves towards its vision of Viksit Bharat 2047, industry remains committed to working closely with the government to accelerate investment, strengthen competitiveness, create quality employment, and ensure that growth remains inclusive, sustainable, and future-ready," he added.
Ficci President Anant Goenka said, "Congratulations to Prime Minister Narendra Modi on completing this landmark chapter in India's democratic journey. The past twelve years have been characterised by the steady consolidation of India's economic fundamentals".
"Landmark reforms, enhanced ease of doing business, record infrastructure investments, expanding trade partnerships, stronger financial institutions and the rise of globally competitive manufacturing ecosystems have altered the trajectory of the Indian economy." PTI JD RSN PRS MJH HVA VHI VHI BAL BAL
Tax reforms and digital governance are driving investor confidence, broader compliance, and India's growth toward a stronger economy. Tax and economic policy reforms, including GST, faceless tax administration and Digital India initiatives, are presented as central measures in strengthening public trust, improving compliance and supporting investment-led growth. The government links these reforms with reduced inflation, a unified national market, banking sector clean-up and rising investor confidence, while describing India's transition from a vulnerable economy to the world's fastest-growing major economy and its progress towards a five-trillion-dollar economy and Viksit Bharat 2047.Press 'Enter' after typing page number.