India is now a more transparent economy and people are getting used to paying taxes, Union Commerce Minister Piyush Goyal said. He said any reforms taken up by the government in the last eight years, including good and services tax (GST), significantly impacted the economy and that recent GST collections were very robust.

"India has been evolving. A lot of structural changes that took place in the last eight years have had a significant impact on the way the Indian economy is poised to take off in the next 25 years," Goyal said.