The important policy reforms in 2019 India were able to implement for the growth in India.
- Corporate rate tax reduction from 30 percent to 22 percent.
- The corporate tax rate for new industries at 15 percent.
- Rs 25000 cr Bank Recapitalisation
- New FDI Reforms - Mega meet to fast track the Make in India.
- Angel tax row: Income Tax department give a breather to start-ups.
- The Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Sale, Distribution, Storage, and Advertisement) Bill, 2019
- The Companies (Amendment) Bill, 2019
- The Repealing and Amending Bill, 2019
- The Codes on Wages, 2019
- The Motor Vehicles (Amendment) Bill,2019
- The Consumer Protection Bill, 2019
- The Public Premises (Eviction of Unauthorized Occupants) Amendment Bill, 2019
- The Special Economic Zones (Amendment) Bill, 2019
- The Homoeopathy Central Council (Amendment) Bill, 2019
- The National Institute of Food Technology Entrepreneurship and Management Bill, 2019
- DHRUV - PM Innovation learning programs
- SWAMIH Scheme for the affordable housing financed by the SBI
Work cited:
- Ministry of parliament affairs, "The bills" https://mpa.gov.in/bills-list, Accessed on March 10 2022
- OECD, "Economic policy reforms: Good for Growth, "https://www.oecd.org/economy/growth/Top-2019-economic-reform%20priorities-2019.pdf Accessed on March 10 2022
- Surbhi Galoria singh, year in review, Year in Review: 12 policy decisions that affected the Indian economy in 2019 https://www.business-standard.com/article/economy-policy/year-in-review-12-policy-decisions-by-modi-that-affected-indian-economy-in-2019-pm-kisan-tax-cut-more-119123100151_1.html, Accessed March 10 2022.
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