A top American think-tank has said, two years of the NDA government have instituted significant reforms including the passing of the GST bill in India.'<br/><br/>Noting that India has managed to combat inflation, the Hudson Institute said the country has the potential to hit double-digit growth rates if it focuses on modernising infrastructure, improving basic amenities and reducing red-tapism.<br/><br/>In its recent report titled 'Modi Two years On', the think-tank has analysed two years of the government led by Prime Minister Narendra Modi and said it has instituted significant reforms, with the most significant of them being passing of the GST bill. It said the bill will over time create a much needed pan-Indian market. <br/><br/>Dr Aparna Pande, Director of Hudson Institute's India initiative, said India is currently the world's fastest growing economy and is expected to continue to grow at least at seven per cent per year for the next few years. The report said, it has become easier to start a business in India under the NDA government though access to credit has become tougher and paying taxes has become less easy.