Policy Reforms That Transformed Business Environment

• Cluster of post-2014 reforms — IBC, GST, MAT cut, Jan Vishwas, Start-up India, CGSS, digital filings — aimed at moving India from a permission-raj to a trust-based, tech-enabled business regime.
• PIB Backgrounder (5 Mar 2026) records business registrations rising ~27% from 1.55 lakh (2020-21) to 1.98 lakh (2025-26, up to 3 Feb 2026).
• Examinable for Prelims (schemes, Acts, numbers) and Mains GS-II/III (governance, industrial policy, EoDB).