Government committed to Ease of Doing Business investment climate reforms in India
Team Finance Saathi
27/Feb/2025

What's covered under the Article:
- Government reaffirms its commitment to Ease of Doing Business and fostering an investment-friendly climate.
- Union Budget introduces a Rs. 10,000 crore Fund of Funds for Startups and a Deep Tech Fund.
- Anusandhan National Research Foundation gets Rs. 20,000 crore to boost research and development.
The Government of India remains steadfast in its mission to foster a favorable business environment, enhance Ease of Doing Business (EoDB), and drive economic growth. At the Pune International Business Summit 2025, Union Minister of Commerce and Industry, Mr. Piyush Goyal, emphasized that the Centre is committed to ensuring regulatory stability, attracting investments, and supporting startups and research initiatives.
This global summit, organized by the Mahratta Chamber of Commerce, Industries, and Agriculture (MCCIA), saw participation from over 20 countries, focusing on emerging trade trends, international collaborations, and the crucial role of Small and Medium Enterprises (SMEs) in shaping Viksit Bharat.
India’s Global Collaborations and Investment Climate
Highlighting Prime Minister Mr. Narendra Modi’s visits to the USA and France, Mr. Piyush Goyal stated that these diplomatic engagements have strengthened investment opportunities and global partnerships. India’s proactive approach to enhancing trade relations, reducing bureaucratic hurdles, and offering incentives for businesses is a key driver in positioning India as a preferred global investment hub.
With a strong focus on EoDB, the government is introducing policy reforms, simplifying compliance processes, and promoting technology-driven governance to enable businesses to scale efficiently. Jan Vishwas 2.0, a trust-based governance initiative, aims to reduce regulatory bottlenecks and encourage entrepreneurship across sectors.
Union Budget 2025: Boosting Startups and Innovation
The Union Budget 2025 has reinforced the government’s commitment to entrepreneurship and innovation, particularly with the introduction of:
- A Rs. 10,000 crore (US$ 1.14 billion) Fund of Funds for Startups, aimed at fostering the startup ecosystem by providing financial support to high-potential enterprises.
- A Deep Tech Fund, designed to accelerate research in artificial intelligence, semiconductor technology, biotechnology, and other emerging sectors.
- A Rs. 20,000 crore (US$ 2.29 billion) investment in the Anusandhan National Research Foundation (ANRF), which will drive research and development (R&D) in critical technologies.
The ANRF will be supported by a high-level committee and an investment-friendly index, ensuring that scientific innovation receives the necessary funding and policy support to thrive in India.
SMEs and Pune’s Role in India’s Industrial Growth
Recognizing the pivotal role of Small and Medium Enterprises (SMEs) in India's economic landscape, Mr. Goyal highlighted their contribution to job creation, exports, and industrial development. The government is focused on providing SMEs with financial assistance, market access, and digitization opportunities to ensure their sustained growth.
Pune, often referred to as the Detroit of the East, has emerged as a hub for industrial innovation, automotive manufacturing, and technological advancements. The city’s robust entrepreneurial ecosystem, strong talent pool, and pro-business policies have contributed significantly to India’s overall industrial development.
Ease of Doing Business: The Road Ahead
India has made remarkable strides in improving its business climate, with major regulatory reforms, tax incentives, and digital transformation initiatives. The government’s roadmap for Ease of Doing Business in India includes:
- Simplifying compliance procedures and digitizing regulatory processes to make it easier for businesses to operate.
- Encouraging foreign direct investments (FDI) through favorable policies and global trade agreements.
- Providing financial support for startups, SMEs, and high-tech industries to drive economic growth.
- Strengthening trust-based governance with initiatives like Jan Vishwas 2.0 to reduce unnecessary legal and administrative hurdles.
With continued policy reforms, a strong focus on innovation, and a commitment to global trade partnerships, India is set to become one of the world’s most business-friendly economies. The government’s dedication to fostering an investment-friendly climate ensures that entrepreneurs, investors, and enterprises can thrive in a rapidly evolving global marketplace.
The Upcoming IPOs in this week and coming weeks are Balaji Phosphates, NAPS Global.
The Current active IPO are Shreenath Paper, Nukleus Office.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.
Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Update.