Land reforms, tax reduction: How Modi govt plans to spur economic growth

A raft of measures is being readied, including cutting land, labour and capital costs

In its second term, the Narendra Modi government wants to embark on new reforms and complete the unfinished business of its first term at a difficult time when economic growth is slowing and resources to boost the economy are difficult to find. Officials who have drafted the Finance Ministry's 100-day agenda said the government will focus on reducing the cost of land, labour, and capital.

"The last five years were about consolidation and tackling cronyism. The next five years will be about growth. Reducing the cost of land, labour, and capital will be important in that context," said an official.

There is