Friday, September 11
Prime Minister Narendra Modi on Friday announced formation of a task force for 'next-generation reforms' and revision of GST laws, as he devoted a major part of his 103 minute Independence Day speech on making India self-reliant in host of sectors ranging from semiconductors to fertilzers. The announcements assumes significance in the wake of current geopolitical scenario and high tariffs imposed on Indian goods by the US. After assuming charge for the first time in May 2024, the Modi-led government has brought in a series economic reforms, including introduction of Goods and Services Tax (GST), further liberalisation of FDI, and abolishing large number of archaic laws. "We have decided to constitute a task force for next generation reforms. This task force will work within a set time-fram
