The Daily Pioneer reported on September 21 that Modi delivered a national speech, announcing a new round of Goods and Services Tax (GST) reforms to be implemented from September 22, and called on the public to fully support "Made in India" products. On August 15, the Modi government announced a new GST reform plan, which aims to simplify the basic GST rate and impose a 40% special tax on "vice and harmful goods" such as online games and tobacco. Modi praised this round of GST tax reform, stating that it "will lower the prices of daily necessities, medicines, and insurance, while accompanying an increase in the income tax exemption limit, and is expected to save about 2.5 trillion rupees (2.5 lakh crore) for the people." He emphasized that GST has achieved the policy goal of "one country, one tax," and that it can further accelerate India's economic growth in the future. In addition, against the backdrop of the U.S. imposing high tariffs on Indian imports, Modi urged the public to stop buying and using foreign products and to turn to domestic goods to achieve "self-reliance." It is reported that Modi has asked merchants to focus on selling domestic products and encourage small and medium enterprises to produce globally competitive goods. Notably, Modi supporters have launched a campaign on social media to boycott American brands such as Apple and PepsiCo, and some Indian local companies have also increased their promotion of domestic products.
Original source: www.toutiao.com/article/1843978422804480/
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