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Modi vows to protect farmers, cuts tax, pushes self-reliance
Gulf Today
|August 16, 2025
NEW DELHI
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Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
With the punishing tariffs imposed on Indian exports by US President Donald Trump expected to hurt growth in the world’s fastest growing major economy, Modi announced lower goods and services taxes (GST) from October — a move that could help boost consumption. He also announced India would set up a new defence system called ‘Sudarshan Chakra’ in the aftermath of India’s four-day military conflict with Pakistan in May.
He did not elaborate but a government statement said the system is aimed at neutralising enemy infiltrations and enhancing India’s offensive capabilities.
Indian defence and policy circles have informally referred to the Russian S-400 air defence system - which played a key role during the fighting with Pakistan - as Sudarshan Chakra, after a Hindu mythological weapon.
Diese Geschichte stammt aus der August 16, 2025-Ausgabe von Gulf Today.
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