New Delhi, Feb. 12 -- Union Minister of Commerce and Industry Piyush Goyal on Thursday reflected on India's economic and energy transformation over the past decade, crediting key decisions taken in 2014 under Prime Minister Narendra Modi for laying the groundwork for the country's ambitious growth trajectory.

Speaking at the Launch of NITI Frontier Tech Hub's Roadmap on India's Technology Services, Piyush Goyal noted that, during Prime Minister Atal Bihari Vajpayee's tenure, the government made a conscious decision to stay out of the industry's way, allowing businesses to flourish independently. He described this non-interventionist approach as one of India's key success stories.

"Moving to 2014, when Prime Minister Narendra Modi assume...