How Is India Making Its Rules Faster and Simpler? 🚀

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Key Points

4 points

1

Past big changes include the national tax system and a law for handling bankrupt companies.

2

A new task force will help states and cities follow the same simple rules.

3

Technology like digital identity and instant payments helps people use money easily.

4

The aim is to build a stronger country by the year 2047.

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The government wants licences, approvals, and renewals to need less paperwork. 📄

A special team is reviewing all laws to find ways to simplify.

State and city governments will also get help to speed up projects.

Digital tools like the country's unique ID and instant payment system will keep growing safely. 💡

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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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