Twist of words only: reforms for converting India in to a market for retail for foreign countries; service tax for expenditure tax; growth for mass distribution of poverty; lawlessness for governance. If you earn you pay income tax, if you spend you pay service tax, if you keep, you pay wealth tax, estate duty. What and whither reforms?
I would be happy if Govt. of India's credit rating goes to junk grade. That way they will be unable to take out more loans and saddle the ordinary people with the bill.