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26.05 - 17:17
Modi promises reform stimulus for a self-reliant India
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Prime Minister Narendra Modi on Tuesday promised sweeping reforms across sectors including in agriculture and taxation that would empower the poor and the marginalised while making the economy self-reliant and take a high growth trajectory.
While announcing a ₹20 trillion financial package, which is comparable to India’s gross tax revenue in a year, Modi said the reforms would aim at promoting local production, encourage domestic industry and attract investments and insulate the country from future shocks such as the Coronavirus outbreak.
Modi also reached out to the financially weaker sections, migrant labourers and farmers and said they have suffered enough. "Migrant labourers, farmers and the poor have suffered a lot.
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