New Delhi, March 25
Finance Minister Nirmala Sitharaman on Wednesday said that India is moving ahead on a reform path, with changes being carried out with conviction and clarity.
Replying to the debate on the Finance Bill 2026 in the Lok Sabha, she said, “Reforms are not being undertaken out of compulsion, but with conviction, clarity, confidence, and commitment. Under the leadership of Prime Minister Narendra Modi, India is progressing on the reform path.”
She also highlighted that a trust-based tax administration is being strengthened by reducing unnecessary difficulties for honest taxpayers.
The government has introduced several measures to empower MSMEs, farmers, and cooperatives, noting that they play a key role in job creation, production, and the overall development of the country, she said.
She added that the Finance Bill includes multiple provisions to support these sectors by improving liquidity, easing compliance requirements, and enabling them to contribute more significantly to the broader economy.
Further elaborating on the Bill, the Finance Minister said that customs reforms have been proposed by modifying several provisions to enhance trade facilitation.
