India needs several key economic reforms to achieve sustainable economic growth. Here are some important ones: 1.

• Fiscal consolidation: India needs to address its high fiscal deficit and public debt to create a stable economic environment.
• Tax reforms: Simplifying and rationalizing the tax structure would encourage investment and promote a business-friendly environment.
• Labour market reforms: Reducing rigid labor laws and promoting flexible employment practices will encourage formalization, job creation, and productivity growth.
• Infrastructure development: Significant investments in infrastructure are required to improve logistics, reduce transaction costs, and attract both domestic and foreign investment.
• Financial sector reforms: Strengthening the banking system, improving access to credit, and promoting financial inclusion are critical for sustained economic growth.

These reforms, along with measures like improving ease of doing business, promoting innovation, and investing in education and skill development, will help India achieve sustainable economic growth and improve the standard of living for its citizens.