New Delhi, India – The Indian government has unveiled a series of economic reforms aimed at accelerating growth, reducing inflation, and boosting employment. The Finance Minister announced a new tax relief package for small businesses and increased investments in the manufacturing sector.
The reforms also include an expansion of the digital payments infrastructure, aiming to make transactions more seamless across rural and urban areas. The government will allocate ₹50,000 crores for infrastructure projects, including highways and smart cities, to enhance job creation.
Economists have largely welcomed the move, stating that these measures will provide relief to struggling businesses and attract foreign investments. However, opposition leaders have raised concerns about the rising fiscal deficit. The coming months will be crucial in determining whether these reforms succeed in revitalizing India’s economy.