India Reforms Update

The Indian government has launched a Business Policy and Process Re-engineering cell in Kerala to improve administrative reforms.
- Key reforms include changes to securities transmission for legal heirs, with the limit doubled to Rs 30 lakh.
- Quality control orders have been introduced to achieve public policy objectives, and India has reiterated its commitment to WTO-consistent trade policies.
- The government has also emphasized the need for development-oriented WTO reforms for developing countries.
- Other reforms include the introduction of MF-only PMS by SEBI, which will give portfolio managers access to more investment options.
- Sonia Gandhi has slammed the Modi government over student protests, seeking education reforms.
- India has concluded its Eighth WTO Trade Policy Review, reaffirming its commitment to rules-based global trade.