Enlist and explain any three policy initiatives of Modi Government to strengthen the development process of India.

Three policies of the Modi government to ​strengthen the development process of India are

1. Goods and Services Tax: The government has implemented the GST to create one indirect tax for the entire country. This will make the entire country a unified market.

2. Make in India: Under this initiative, the government has taken steps to increase the level of manufacturing in India in order to create more jobs.

3. Demonetisation: The government withdrew currency notes of high value in order to curb black money.

  • 1
demonetisation of money
  • 0
I dont find this answer helpul can anyone give me three policie of Modi Government to strengthen the development process of india
 
  • -1
Demonetisation: The decision to ban the two highest value currency notes is seen as the most radical decision taken by the Modi government. The Prime Minister's sudden announcement on November 8 wiped out most of the currency in circulation and left millions scrambling for cash. The decision was aimed at tackling untaxed or black money.

Goods and Services Tax (GST): GST will replace a bundle of indirect taxes imposed by the centre and the states and is expected to bring down tax leakages. It took complex political negotiations and debates for the government to ensure that the reform cleared parliament.

Make In India: Soon after taking charge, PM Modi launched the campaign to attract foreign investment and build brand India. Since then, the government has gradually eased restrictions for foreign investors and opened nearly 90 per cent of the country's industrial base, including the defense sectors and the railways. India attracted $60 billion in foreign direct investments in the year to March 2017, up 8 percent from the previous year, government data showed.
  • 0
What are you looking for?