India has undertaken a series of reforms to create a simpler, faster and more transparent business environment, particularly for MSMEs and startups.

Key dimensions of reforms:

• Ease of compliance: National Single Window System, SPICe+ and MCA21 V3 simplify business incorporation and approvals.
• MSME formalisation: Udyam Registration provides a free, paperless and self-declaration-based registration mechanism.
• Access to finance: PM MUDRA, CGTMSE, Credit Assessment Model and TReDS improve credit availability and working capital.
• Trust-based regulation: Jan Vishwas reforms decriminalise minor violations and reduce excessive regulatory burden.
• Market access: GeM and ONDC expand business opportunities, while PM GatiShakti improves multimodal connectivity.
• Global integration: Export Promotion Mission, Trade Connect and ICEGATE facilitate international trade.

Way forward: India should deepen Centre-State coordination, regulatory stability, digital integration and MSME access to finance to convert Ease of Doing Business into sustained investment and job creation.