Archive · 19 Aug 2025
Modi Meets Experts to Discuss Reforms for Growth and Jobs
India is planning to boost its economy.
The Prime Minister met with experts to discuss ways to help the economy grow, create more jobs, and help small businesses.
They talked about making rules simpler, improving banks, and encouraging investment.
The government will be focusing on helping small businesses.
Also, they are changing the GST tax system to be simpler, which may help small businesses by making it easier for them to pay taxes and grow.
PM Modi consulted economists and officials on August 18th to boost growth, jobs, and support small businesses.
Experts recommended liberalisation, simpler regulations, and banking reforms.
The government is considering a 100-day agenda based on these recommendations.
Job creation and MSME expansion will be central to India's economic strategy.
GST reforms include fewer tax slabs to aid MSMEs and broaden the tax base.
- Who
- Prime Minister Narendra Modi, economists, and senior officials.
- What
- Discussions on economic growth, job creation, and GST reforms.
- When
- August 18th, during a meeting between PM Modi, economists, and senior officials.
- Where
- India
- Why
- To foster economic growth, create jobs, and support small businesses.
GST Reforms
Economic Agenda
MSME impact
GST Reforms
Simplification could benefit MSMEs.
Economic Agenda
Some worry about a tax burden on small businesses
- Meeting Date
- August 18th
- Key Focus
- Economic Growth, Job Creation, MSME Support
- GST Reform Aim
- Simplify tax structure, aid MSMEs
- GST Reform Timeline
- By Diwali 2025
Sources
India Inc braces for GST 2.0 test
DC Edit | Will Move To Cut GST Rates Trigger Consumption Boom?
ACs, Packaged Food, Butter, Cement, Motorcycles May Become Cheaper With GST Rate Revision
Tax cut set to boost passenger car sales
Major states warn of Rs 7,000-9,000 crore annual loss under new GST structure
GST on health, term insurance may be scrapped or cut to 5%
A step forward, two backward
Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains outweigh slippage: Report
Fiscal deficit may widen marginally due to GST changes: Emkay Report
GST reforms and inflation: Will Modi government’s move pave the way for an RBI rate cut?
GST reform could boost government revenue in long term, says S&P
Credit upgrade, GST revamp and trade tariffs may redefine India’s growth outlook, says HSBC
GST reform may let more small units join formal economy