Made in India Push: Modi Announces GST 2.0, Tax Relief Boost
- By Thetripurapost Desk, Delhi
- Sep 21, 2025
- 136
In an unprecedented 19-minute address on Sunday, Prime Minister Narendra Modi issued a clarion call for India to embrace self-reliance, manufacturing, and small-scale industry, emphasizing “Made in India” products as a strategic response to ongoing trade pressures. Sources close to the PM’s office say the speech marks a new phase in India’s economic diplomacy—blending domestic reforms with subtle messaging to global trade partners.
“Whatever we can make in our country, we must,” Modi declared, urging shopkeepers and consumers alike to proudly sell and buy swadeshi products. While he did not mention the United States directly, insiders indicate the speech reflects India’s determination to reduce dependency on foreign markets amid steep US tariffs.
The address also spotlighted the launch of GST 2.0, effective September 22, featuring rate rationalizations on hundreds of essential goods and Income Tax relief for individuals earning up to ₹12 lakh annually. Government estimates suggest these measures could save households a staggering ₹2.5 lakh crore. Analysts say the dual impact of tax relief and cheaper domestic goods could subtly shift India’s consumption patterns, mitigating the effect of external trade disruptions.
Adding to the high-stakes backdrop, India’s commerce minister is scheduled to travel to the US on September 22 for critical trade talks—a move insiders suggest will align domestic reforms with international negotiations.
This exclusive address signals a bold strategy: leveraging domestic economic strength to assert India’s position in global trade, while fostering a patriotic consumption wave at home.