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Demonstration mode. Pragati Shakti does not hold office. Pages marked “simulated” show how the governing model would work; baselines with a cited source are published statistics; targets are proposals. Nothing here is a record of work delivered.
Pragati Shakti
English
অসমীয়াবাংলাबड़ोsoonडोगरीsoonEnglishગુજરાતીहिन्दीಕನ್ನಡکٲشُرsoonकोंकणीsoonमैथिलीsoonമലയാളംꯃꯤꯇꯩꯂꯣꯟsoonमराठीनेपालीଓଡ଼ିଆਪੰਜਾਬੀसंस्कृतम्soonᱥᱟᱱᱛᱟᱲᱤsoonسنڌيsoonதமிழ்తెలుగుاردو

Greyed languages are being translated; reviewers welcome.

Mission 7 of 7

Economy, Jobs & Taxation

Raise productivity, employment and business formation within a fiscally sustainable system where taxation is one part of the whole, not an isolated pillar.

Owner: Mission Lead — Economy, Jobs & TaxationUnionStateLocal
Outcome hierarchy

10-year outcome → 3-year missions → Year-1 goals

10-year outcome (Year 10 — beyond a single term; depends on renewed mandates)

By Year 10: higher labour-force participation, faster business formation and a fiscally sustainable tax system with lower compliance burden.

By end of Year 3
  • By end of Year 3: Regulatory-burden measurement for MSMEs in 5 sectors with published baseline.
  • By end of Year 3: Business exit (closure) time pilot reduced via administrative reform.
  • By end of Year 3: Every fiscal commitment on this platform funded and published.
Year 1 goals
Every commitment funded, every burden measured
  • KR · Zero unfunded commitments on the public backlog
  • KR · MSME compliance-cost baseline publishedmetric
  • KR · Female LFPR rising on the new PLFS seriesmetric
Measurement

Outcome metrics

Sourced observations are published statistics, reproduced as stated. Targets are Pragati Shakti proposals. Where no national measurement exists we say so instead of inventing one.

Female labour-force participation rate (15+, usual status)

Unit: % · higher is better
Baseline
40% (Calendar 2025) Primary government data · MoSPI / NSO
Proposed target
55% by Year 10
Observation log (4) · Last checked 18 Sep 2026
DateValueClassGeographyPeriodPublishedConfidenceSource / note
30 Jun 201823.3Primary government dataIndiaJul 2017–Jun 201823 Sep 2024HIGHPLFS Annual Report, July 2023 – June 2024 — press note — 2017-18
30 Jun 202337Primary government dataIndiaJul 2022–Jun 202323 Sep 2024HIGHPLFS Annual Report, July 2023 – June 2024 — press note — 2022-23
30 Jun 202441.7Primary government dataIndiaJul 2023–Jun 202423 Sep 2024HIGHPLFS Annual Report, July 2023 – June 2024 — press note — 2023-24
31 Dec 202540Primary government dataIndiaJan–Dec 2025Mar 2026HIGHPLFS Annual Report 2025 (calendar year, revamped design) — press note — Jan–Dec 2025. Series break: design and reference period changed; not strictly comparable with earlier points

MSME regulatory compliance cost as share of revenue

Unit: % · lower is better
Baseline to be built
Not yet measured
No official measurement exists. Labs project LAB-07 (time-and-cost diaries, 600 firms, 5 sectors) is establishing the baseline; initiative PS-010.
Baseline
Not yet measured
Proposed target
1.5% by Year 10
We measure
  • Labour-force participation (especially women)
  • Formal job creation net of destruction
  • Days and cost to start and close a business
  • MSME credit access and survival at 3 years
  • Tax compliance cost as share of revenue for MSMEs
  • Debt-to-GDP trajectory
We do not define success by
  • Announced investment MoUs
  • Headline scheme size
Scope

Focus areas and who can act

ProductivityEmploymentEntrepreneurshipManufacturingServicesExportsInfrastructureInvestmentTaxationRegulationFiscal sustainabilityMSMEsInnovationLabour-force participationBusiness formationResearch commercialisation
Who can act?
  • UnionIncome tax, customs, GST Council co-chair, monetary/fiscal framework, trade.
  • StateState GST share, land, labour (concurrent), local business regulation.
  • LocalTrade licences, property tax, building permissions.
Federalism explained →
Sample implementation schedule · simulated

How the work board for this mission would look (2 sample cards)

These cards demonstrate the record-keeping. None of these initiatives has started; dates are relative to taking office (Y1 Q1 = first quarter).

PS-010

MSME compliance-cost baseline (5 sectors)

Illustrative: PilotShared

Regulatory burden on MSMEs is asserted but not measured.

Owner
Mission Lead — Economy, Jobs & Taxation
Baseline
No baseline
Target
Published cost-of-compliance baseline
Sample dates
Y1 Q1 → Y1 Q4
Est. / actual
₹12 cr / ₹7 cr
KPI
econ-msme-compliance-cost
Priority
17 / 100

Depends on: Industry association participation

Risks: Self-reporting bias

Y1 Q2 — Sample schedule: fieldwork in three sectors during Y1 Q1–Q2.

PS-011

Business closure time reduction

Illustrative: ResearchUnion

Closing a business takes years, trapping capital and discouraging formation.

Owner
Mission Lead — Economy, Jobs & Taxation
Baseline
To be measured
Target
Median voluntary closure ≤ 6 months in pilot
Sample dates
Y1 Q2 → Y3 Q1
Est. / actual
₹25 cr / ₹2 cr
KPI
Median days to voluntary closure
Priority
2 / 100

Depends on: MCA process access; Insolvency framework interaction

Risks: Creditor protection weakened

Y1 Q2 — Sample schedule: legal review of interaction with IBC provisions in Y1 Q2.

Learning · simulated examples

Labs projects and what didn't work

Labs
  • MEASURECompliance-cost measurement method for MSMEs
What didn't work

No discontinued programmes recorded.