By Martin Shwenk Leade

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ET OnlinePrime Minister Narendra Modi

Prime Minister Narendra Modi, in his address to the nation, urged citizens, state governments, MSMEs and local enterprises to boost production and ‘Make in India’.”What the nation needs and what can be made in India should be made within India itself,” he said. “Mantra of Swadeshi gave strength to freedom movement, Swadeshi will also strengthen our quest for prosperity.””Today, knowingly or unknowingly, many foreign products have become a part of our everyday lives… We should buy products that are Made in India, in which the hard work of our country’s youth is invested,” Modi added.Emphasizing on the ‘Make in India’ mission, Modi said that every household should be a symbol of swadesh and every shop must adorn swadeshi to keep up on the path of the mission. “India’s prosperity will draw strength from self-reliance,” he said.In his address to the nation, PM said that as India walks on the path of self-reliance, a very big responsibility to make India self-reliant also lies on the MSMEs. He further added that the reduction in GST rates and the simplification of rules and procedures will greatly benefit all MSMEs, small industries, and cottage industries. Live Events”Their sales will increase, and they will have to pay less tax, meaning they will also receive a double benefit…,” he said.Read more: ‘Double bonanza’: GST reforms to bring relief to poor & middle class from Sept 22, says Modi; highlights from PM’s addressSpeaking on the eve of Navratri and a day before next-generation GST reforms are set to come into effect, PM Modi said that GST reforms will accelerate India’s growth story.”With the reduction in GST, it will be easier for the citizens of the country to fulfil their dreams…” the prime minister said. “These new GST reforms are being implemented, keeping in mind the country’s current needs and future dreams…”The GST reforms are aimed at accelerating India’s growth story, easing of doing business, attracting more investment, and ensuring that every state becomes an equal partner in the race for development. The next-gen GST reforms are set to be effective from September 22, Monday.“Quality of Indian products will boost the nation’s prestige,” Modi said urging MSMEs and all small-scale industries to make quality goods that meet global parameters and quality standards. He sent out the message saying, “Make in India for the world.”‘Nagrik Devo Bhava'”We are moving forward by following the mantra of ‘Nagrik Devo Bhava’ and we can see its reflection in the next generation’s GST reforms,” the prime minister said, signalling towards citizen-centric schemes.”If we combine the income tax exemption and the GST exemption, the decisions made in one year will save the people of the country more than Rs 2.5 lakh crore and that’s why I say, this is a savings festival.”Add as a Reliable and Trusted News Source Add Now!
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