Thursday, 10 March 2022

Reforms India 2019

 The important policy reforms in 2019 India were able to implement for the growth in India. 

  1. Corporate rate tax reduction from 30 percent to 22 percent.
  2. The corporate tax rate for new industries at 15 percent.
  3. Rs 25000 cr Bank Recapitalisation
  4. New FDI Reforms - Mega meet to fast track the Make in India.
  5. Angel tax row: Income Tax department give a breather to start-ups.
  6. The Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Sale, Distribution, Storage, and Advertisement) Bill, 2019
  7. The Companies (Amendment) Bill, 2019
  8. The Repealing and Amending Bill, 2019
  9. The Codes on Wages, 2019
  10. The Motor Vehicles (Amendment) Bill,2019
  11. The Consumer Protection Bill, 2019
  12. The Public Premises (Eviction of Unauthorized Occupants) Amendment Bill, 2019
  13. The Special Economic Zones (Amendment) Bill, 2019
  14. The Homoeopathy Central Council (Amendment) Bill, 2019
  15. The National Institute of Food Technology Entrepreneurship and Management Bill, 2019
  16. DHRUV - PM Innovation learning programs   
  17. SWAMIH Scheme for the affordable housing financed by the SBI


Work cited:
  1. Ministry of parliament affairs, "The bills" https://mpa.gov.in/bills-list, Accessed on March 10 2022
  2. 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
  3. 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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