PM Modi pitches for 'swadeshi' goods, says GST reforms will accelerate India's growth story
Prime Minister Narendra Modi addressed the nation, emphasizing the importance of adopting swadeshi products to strengthen India’s economy. He underlined that the Goods and Services Tax (GST) has successfully realized the vision of “one nation, one tax,” streamlining the taxation system and boosting ease of doing business. According to him, the reforms brought by GST have created a unified national market, reduced cascading taxes, and improved transparency. Modi stressed that India’s growth momentum can accelerate further if citizens prioritize indigenous goods and support local industries. He said this will not only empower small businesses but also generate large-scale employment opportunities. Highlighting the global economic challenges, Modi added that India must become self-reliant and resilient through domestic production and fair taxation policies. The Prime Minister expressed confidence that ongoing reforms and the collective efforts of people will drive India towards becoming a leading global economy in the coming years.
The Key points
- PM Modi urged citizens to choose swadeshi goods.
- GST marked the achievement of “one nation, one tax.”
- Reforms simplified taxation for businesses and consumers.
- Unified market created through GST implementation.
- Emphasis on self-reliance to boost India’s economy.
- Local industries highlighted as key for employment growth.
- GST reduced cascading effect of multiple taxes.
- Modi said reforms enhance transparency in the system.
- Global challenges require India’s stronger domestic production.
- Confidence expressed in India’s long-term economic resilience.
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