When we think of economic reforms we must think of terms such as economy, business, employment, education, and health. A sustainable approach is the need of the hour, and a truly realistic ‘action plan’ should be the priority to ensure that the current expansion of the economy is sustainable, and candor and evenhandedness must strengthen the core of reforms.

We saw the confidence and courage of the finance ministry on January 29, 2024 as it said, “India is expected to become the third-largest economy in the world with a GDP of US$5 trillion in the next three years, and touch US$7 trillion by 2030 on the back of continued reforms.

All citizens should get fair treatment from the so-called ‘efficient’ bureaucracy—fair in listening, fair in evaluating people’s skills, enhancing human capital, and fair in creating awareness on policies and their well-timed implementation.

The focus of reforms at all stages should be on economic and social transformation. The missing ingredients in this process are ‘real’ reforms such as behavioural skills, and human values. A sustainable human development approach must be cultivated among the youth from a very young age.

Today’s youth are tomorrow’s policymakers. We need to transform the informal job landscape, reduce barriers to business development, and create a conducive environment. Job creation—especially for the fragile and........

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