New Delhi, Sept. 29 -- In 1991, India embarked on major economic policy reforms in the face of a financial crisis. Today, tariff bombs lobbed by the US administration under Donald Trump have led to a chorus demanding reforms so that Indian businesses can cope with trade adversity. Prime Minister Narendra Modi spoke about launching an arsenal of reforms, which is what we need if we are to pull up our socks and prosper.

A 100-day roadmap for next-generation reforms was also announced, aimed at strengthening India's regulatory framework and boosting investor confidence: an initiative that is both timely and welcome. Central to this vision is a pilot rollout model inspired by the 'flying geese' model of growth, with Maharashtra, Gujarat, Tam...