The Confederation of Indian Industry (CII) today announced its flagship policy blueprint, wherein the industry body has presented over 250 actionable recommendations spanning over 14 crucial sectors.

The report, called “Policies for a Competitive India,” has been developed through consultations with policy experts, industry veterans and economists. As per CII, the report is aligned with the Modi government's Viksit Bharat vision.

"Its release comes at a pivotal time, as the Prime Minister has called for bold, second-generation reforms to unlock India’s full potential," CII said in a statement.

The report noted that over the last decade, some transformational reform agendas have propelled the economy forward, such as the Goods and Services Tax (GST). While these slew of reforms have indeed helped India, but geopolitical uncertainties ongoing now calls for greater reforms that are needed now.

"Over the last decade, India has witnessed historic reforms including the Goods and Services Tax (GST), corporate tax rationalisation, digitisation of governance, and progressive trade agreements. These have strengthened macroeconomic stability and positioned India as a trusted global partner. However, rising geopolitical shifts and the twin transitions—green and digital—demand that India further deepens reforms to sustain high growth and global competitiveness," CII said.

As per CII, these following 14 areas is where intensive actionable reforms are needed, which has the potential to supercharge India's economy for the next leap.

The 14 areas are as follows:

1. Macroeconomic Policy: Fiscal prudence, inflation management, and modernised statistical systems.

2. Public Sector Reform: Privatisation of non-strategic PSEs, creation of a Sovereign Wealth Fund, and stronger governance.

3. Regulatory Simplification: Mandatory impact assessments to ensure new rules are evidence-based.

4. Ease of Doing Business: Decriminalisation of minor violations, time-bound approvals, single-window clearances, and second-generation IBC reforms.

5. Factor Market Reforms: Digitised land titling, streamlined labour codes, minimum wage framework, and fast-track dispute resolution.

6. Energy Policy: Competitive tariffs, elimination of cross-subsidisation, stronger transmission networks, private participation in nuclear energy, and a green hydrogen roadmap.

7. Judicial Reform: Faster dispute resolution through expanded commercial courts, arbitration councils, and strengthened tribunal oversight.

8. Tax Policy: Simplified GST structure, expanded coverage to petroleum and real estate, predictable personal taxation, and modernised customs.

9. Trade Policy: Rationalised tariff structure, enhanced FTA utilisation, stronger investment provisions, and a dedicated e-commerce export strategy.

10. Manufacturing: Addressing the 'missing middle' through capital support, industrial corridors, and freight connectivity.

11. MSMEs: Phased compliance, stronger Udyam portal integration, technology collaboration, and a second-tier patent system.

12. Sustainability: Integration of industry into climate adaptation, digitised climate data, and sustainability-linked procurement.

13. Employment & Livelihoods: National Employment and Gig Economy policies, and job creation in lagging districts.

14. Urban Transformation: Modern urban planning institutions, stronger municipal finances, affordable housing, and sustainable city systems.

CII noted that taken together, these reforms, which are outlined above, does have the potential to drive economic growth, create jobs, and make India more resilient and also sustainable.

Talking about these reforms Sanjiv Bajaj, Past President, CII and Chairman, Task Force on Reciprocal Tariffs, said: “The government has instituted many path-breaking reforms over the last decade, laying strong foundations for growth and resilience. As India moves rapidly towards becoming the world’s third-largest economy, it must now add greater pace and depth to this reform agenda to be globally competitive. With Free Trade Agreements opening new opportunities and India’s economic engagements expanding worldwide, Indian industry must be prepared to compete with the best. CII has sought to present a reform blueprint that is both pragmatic and ambitious, aimed at helping India seize the opportunities of the Amrit Kaal, both domestic and global.”

“This publication is a contribution to the broader national reform agenda. It presents actionable priorities across fourteen domains, ranging from fiscal policy and public sector reform to taxation, trade, energy, and employment. These recommendations are closely aligned with the Government’s reform trajectory and are in support of the Prime Minister’s call for bold and transformative change. As a live document, Policies for a Competitive India will continue to evolve, bringing fresh ideas to support policymakers. CII remains fully committed to working alongside the Government to accelerate India’s march towards Viksit Bharat and strengthen the country’s position as a global growth leader and would keep the engagement with government ongoing with steady stream of reform ideas,” said Rajiv Memani, President CII.