Try GOLD - Free
Modi's address to the nation:
The Island
|September 23, 2025
'GST 2.0 implementation first step towards economic self-reliance'
Modi
Hours before the new tw-slab Goods and Services Tax (GST) is about to be rolled out at midnight on Sunday (September 21, 2025), Indian Prime Minister Narendra Modi termed it a “bachat utsav”, a festival of savings, and the first step towards “aatmanirbharta” or economic self-reliance for Indians.
In a televised broadcast to the nation, Modi drew connections between the simplification of the GST regime from a four-slab to two-slab system, ease in compliance, and the reduction in prices resulting from it to a larger point about the need for Indians to weed out foreign-made products from their everyday life, and adopt products made in India, boosting the country’s Micro, Small and Medium Enterprises (MSMEs).
This story is from the September 23, 2025 edition of The Island.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Island
The Island
England hope to avoid slip-up against Italy
England and Italy face off in Group C with their campaigns at different stages but both still evolving.
3 mins
February 16, 2026
The Island
Tharanga delivers world leading throw in Perth
Sri Lanka National record holder Rumesh Tharanga delivered a world leading throw to win the men's javelin at the Perth Track Classic on Saturday.
1 min
February 16, 2026
The Island
Prof. Tissa Vitarana: A scientist-statesman who changed the course of Sri Lanka’s innovation journey
Sri Lanka awoke on the morning of 13 February, 2026, to the quiet passing of Professor Tissa Vitarana at his home in Nawala.
5 mins
February 16, 2026
The Island
Petro Packaging earns international food grade certification
Petform group, a pioneer in packaging industry, was awarded with international food grade certification for its sister company Petro Packaging Pvt Ltd on this 30th January 2026.
1 min
February 16, 2026
The Island
GCF, SLEA forge 2026 partnership to drive economic recovery
The Gamani Corea Foundation has announced a collaboration with the Sri Lanka Economic Association (SLEA) for 2026, marking a renewed partnership between two institutions closely linked by history and shared purpose.
1 min
February 16, 2026
The Island
National Chamber workshop to equip entrepreneurs with essential financial skills
The National Chamber of Commerce of Sri Lanka (NCCSL) will conduct a one-day practical training workshop titled \"Essential Financial Skills\" on 19 February 2026 at the National Chamber Auditorium, Colombo 10.
1 min
February 16, 2026
The Island
Afghanistan seek breakthrough as qualification stakes rise
Afghanistan and UAE meet in Group D at a stage where every result begins to carry added weight.
2 mins
February 16, 2026
The Island
CNCI Achiever Awards 2026 call for applications
The Ceylon National Chamber of Industries (CNCI) officially launched the \"CNCI Achiever Awards 2026\" at a media briefing held on 5th February at Hotel Taj Samudra, Colombo.
1 min
February 16, 2026
The Island
West Indies qualify for Super 8s, Nepal knocked out
Dipendra Singh Airee's half-century went in vain as West Indies cruised to a comfortable nine-wicket win over Nepal to secure their place in the Super 8s.
2 mins
February 16, 2026
The Island
Ministry of Brands to launch Sri Lanka’s first off-price retail destination
Sri Lanka’s retail landscape will reach a major milestone with the launch of Ministry of Brands (MOB), the country’s first off-price retailer.
1 mins
February 16, 2026
Listen
Translate
Change font size