The government has sent its proposal on GST rate rationalisation and reforms to the Group of Ministers (GoM) constituted by the GST Council to examine this issue.

PM Modi outlined plans for various initiatives, including the production of India’s first semiconductor chip, the development of jet engines, the creation of Rs 1 lakh crore in youth employment opportunities, and a tenfold expansion of the nuclear program.

The scheme promised collateral-free working capital loans of up to Rs 10,000 without any collateral to eligible vendors. Know how the scheme would benefit street vendors, small businesses, and hawkers in urban areas.