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πŸ“° News ⏱ 2 min
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Key Points

4 points
1

The plan is to cut down paperwork and speed up approvals.

2

Important past changes include the national tax system and a law for handling bankrupt companies.

3

A special group is checking all rules to make them clearer.

4

The goal is a stronger, faster, and friendlier country by 2047.

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Summary

The government will look at old rules and make them simpler.

Cities and states will also get help to speed up projects.

New technology like digital money will keep growing safely.

Everyone can help make the country better by sharing ideas.

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New Words to Learn

10 words
deregulation
making rules less strict so things can happen more easily
licence
official paper that says you are allowed to do something
approval
a yes from the government to let something happen
governance
how a country or city is run and decisions are made
trust‑based
people believe each other and follow rules without checking everything
cooperative federalism
the national and state governments working together as partners
financial inclusion
making sure everyone can use banks and money services
interoperable
different systems can work together easily
cybersecurity
protecting computers and data from bad people
interoperability
ability of different technologies to connect and share information
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