The government started multiple reforms through its ‘Ease of Doing Business’ initiative to achieve its goals.

1. Improved Administrative Efficiency

a. The regulations should simplify by decreasing the required number of business operation permits licenses and approvals.

b. The services of government agencies should move online to eliminate paperwork and remove human contact and promote transparent operations.

The management process speeds up the approval process for essential permits such as construction permits alongside environmental clearances.
Organizations should reduce compliance burden through procedural streamlining and inspecting businesses less often.
2. Encouragement of Investment
The government should develop a welcoming business environment for FDI to increase its attraction and support economic growth.

The process for domestic investment companies to operate should become simpler to stimulate domestic entrepreneurship opportunities enabling more employment creation.

India should work to improve its position in worldwide ease of doing business indexes and related international rankings.

Results:

The Doing Business Index of the World Bank will experience a significant upward shift which demonstrates how business reforms have positively impacted India.

The regulations now consume less business resources and time for compliance which enables organizations to focus on growth and innovation investment.
Better logistics together with improved infrastructure developed from increased investments in roads railways ports enhanced the doing business environment.
Challenges and Future Directions:

Preserving Reform Integrity remains a leading obstacle since effective reform implementation in all states and all sectors must be maintained.

-Ground level issues: Such as corruption and lack of information, inconsistent and partial implementation. Many things have evolved although most major issues persist without change.

-Innovations and entrepreneurial spirit: Many reforms are expected to promote an innovative and entrepreneurship-friendly environment to improve access to finance, finance research and development, and give a favorable place to start-up businesses.