Mumbai, Jan. 23 -- Union Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw stated that India's reform momentum is firmly on track, driven by deep structural reforms which have transformed the Indian economy into a high-growth, resilient and globally trusted destination. Speaking on the sidelines of the World Economic Forum Annual Meeting at Davos, the Minister stated that landmark reforms undertaken in recent years including labour code reforms, simplification of the Goods and Services Tax, reforms in the energy sector and opening up of nuclear energy to the private sector, are generating strong investor confidence across sectors.

The Minister noted that a continuous reform process is underway ...