PRIME MINISTER’S SELF-RELIANCE MANTRA
TAXMEN ARE A BIG STUMBLING BLOCK
2020-06-22 10:06
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Prime Minister Narendra Modi’s self-reliance mantra is most welcome at a time when the country’s economy is suffering from a discomfortably slow-to-negative growth, following the nationwide phased lockdown measures to restrict the spread of Covid-19, compressing industrial production, market and throwing tens of millions out of job. Modi used the Confederation of Indian Industry (CII) platform earlier this month to assure the business community and investors that “you move two steps, and the government will support you by taking four steps forward….I stand by you … Trust me, getting growth back is not so difficult.” The prime minister said: “we need to invest in such a robust supply chain which will strengthen India’s participation in the global supply chain….. It is important that we manufacture products that are ‘Made-in-India’ and made for the world. Can we set new targets to reduce our imports?”