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Date: 2025-08-18 Category: Not Applicable State: Union Government Country: India

Govt to Undertake 100 Days Agenda of Transformation to Fast-Track India’s Journey Towards a Developed Nation: Union Minister of Commerce and Industry Shri Piyush Goyal

Issued by Ministry of Commerce and Industry · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** On August 18, 2025, Union Minister of Commerce and Industry Shri Piyush Goyal announced the government's "100 Days Agenda of Transformation" aimed at accelerating India's progress towards becoming a developed nation by 2047. Speaking at the 2nd Lokmat Global Economic Convention, Minister Goyal emphasized the importance of collective action from India's 1.4 billion citizens, guided by Prime Minister Narendra Modi's "Panch Prans" (Five Pledges), to achieve this vision. The agenda prioritizes national unity, preservation of Indian culture and history, and the elimination of a colonial mindset. Minister Goyal highlighted global confidence in India's economic trajectory, citing expert assessments that position India as a leading consumer market and investment destination. He attributed this growth to initiatives like "Make in India" and "Atmanirbhar Bharat," which are strengthening supply chains and fostering economic resilience. He also mentioned the government's commitment to improving ease of living and ease of doing business through regulatory reforms, reduced compliance burdens, and support for industrial investment. The government is actively pursuing balanced and equitable free trade agreements, having recently concluded agreements with the UAE, Mauritius, the EFTA nations (Switzerland, Norway, Liechtenstein, Iceland), and the UK. These agreements aim to benefit MSMEs, farmers, and the animal husbandry sector, while safeguarding the dairy industry and expanding access to global markets for Indian goods and services. Minister Goyal reiterated the Prime Minister's call to promote local products ("vocal for local"), transform governance practices, and prioritize quality and cost competitiveness, emphasizing that "Atmanirbhar Bharat" (Self-Reliant India) is the foundation of a developed India ("Vikshit Bharat"). PIB Delhi released this information at 4:55 PM on August 18, 2025. Contact information: Abhishek Dayal, Abhijith Narayanan, Ishita Biswas. Release ID: 2157528.

Key Entities Referenced

Piyush Goyal: Union Minister of Commerce and Industry, Government of India. He is a key speaker and driving force behind the 100 Days Agenda of Transformation. Narendra Modi: Prime Minister of India, whose vision and call to action are central to the government's development agenda and Panch Pran (Five Pledges). India: The nation whose development and transformation into a 'developed nation by 2047' is the central theme of the policy document. 2047: The target year set by the Indian government to achieve the status of a developed nation. 100 Days Agenda of Transformation: A government initiative to fast-track India's journey towards becoming a developed nation. Lokmat Global Economic Convention: The event where Shri Piyush Goyal addressed the gathering about the 100 Days Agenda of Transformation. Make in India: A government initiative aimed at strengthening supply chains and building resilience in India. Atmanirbhar Bharat: A government initiative focused on self-reliance and building a self-sufficient India; considered the bedrock of Vikshit Bharat.
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Ministry of Commerce & Industry Govt to Undertake 100 Days Agenda of Transformation to Fast-Track India’s Journey Towards a Developed Nation: Union Minister of Commerce and Industry Shri Piyush Goyal No Power on Earth Can Stop India from Becoming a Developed Nation by 2047: Shri Piyush Goyal India Emerging as World’s Most Sought-After Consumer Market and Top Investment Destination: Shri Piyush Goyal Posted On: 18 AUG 2025 4:55PM by PIB Delhi The government is embarking on the next 100 Days Agenda of Transformation to take India on a fast track to developed nation. This was stated by Union Minister of Commerce and Industry Shri Piyush Goyal at the 2nd Lokmat Global Economic Convention today. Addressing the gathering, the Minister said that in the next 100 days, the government will follow the clarion call given by Prime Minister Narendra Modi on 15th August to take India forward on a fast-tracked pathway, implement the vision of a developed nation by 2047, follow the ‘Panch Prans’ (Five Pledges) which have been articulated, and ensure that every citizen takes it upon themselves, as a sense of duty, to make India a prosperous and developed nation by 2047. He said that this effort will see the work of 140 crore Indians come together as one team, one family, erasing the colonial mindset, respecting India’s rich history, culture and tradition, and focusing on the unity and integrity of the nation. He stated that no power on earth can stop India from becoming a developed nation. Shri Goyal also referred to the global confidence in India’s economic growth, noting experts’ assessment that India is on course to emerge as the world’s most sought-after consumer market and a top investment destination. He said this progress is the result of the contribution of 140 crore Indians through programmes such as Make in India and Atmanirbhar Bharat, which are strengthening supply chains and building resilience. He added that India has arrived on the global stage and that, as Prime Minister Modi has said, , (this is our time, the right time). The Minister paid tribute to Lokmat Group founder Shri Jawaharlal Darda, describing him as a veteran freedom fighter and a tall luminary who makes every Maharashtrian proud. He noted that Lokmat is today the largest-read Marathi daily and one of the largest media groups in India, covering a wide span of activities across digital, electronic and print. He said that in every sphere, Lokmat has upheld its principles, bringing Maharashtra to the forefront and focusing on how the state can progress through collective efforts beyond political affiliations. Shri Goyal highlighted that Maharashtra is the largest economy in the country and contributes the most toIndia’s growth story. He said that in this era of transformation, the government is reforming processes to improve ease of living and ease of doing business by removing regulatory burdens, reducing compliances and supporting industry to invest fearlessly. He added that the media, working closely with the government, can play a vital role in this goal. The Minister said that India has concluded balanced, fair and equitable free trade agreements with the United Arab Emirates, Mauritius, the four nations of the EFTA group (Switzerland, Norway, Liechtenstein, Iceland) and the United Kingdom, and is making rapid progress with other engagements. He said these efforts are collectively ensuring success for MSMEs, farmers and the animal husbandry sector, while protecting the interests of India’s dairy industry and expanding access for Indian goods and services across global markets. Reiterating the Prime Minister Narendra Modi’s message, Shri Goyal urged everyone to be “vocal for local,” transform processes and governance practices and focus on quality and cost competitiveness. He added that the bedrock of Vikshit Bharat is Atmanirbhar Bharat. *** Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas (Release ID: 2157528)

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