CM Yogi Adityanath stated that UP’s GDP has grown from about ₹12.36 lakh crore in 2017 to being projected at ₹36 lakh crore by end of 2025. Per capita income is expected to rise from about ₹45,000 to ₹1.2 lakh. The state is aligning its development goals under “Vision 2047”, with citizen input being sought across 12 sectors. #UPGrowth #YogiAdityanath #UPGDP #EconomicDevelopment #Vision2047 #PerCapitaIncome #UPDevelopment #StateEconomy #GrowthStory #EconomicReforms #UPProgress #DevelopmentGoals #CitizenParticipation #IndiaEconomy #News #newsone
India has officially rolled out GST 2.0, marking a significant upgrade to the country’s goods and services tax system. This new version is designed to simplify tax compliance, reduce procedural bottlenecks, and make filing smoother for businesses of all sizes. One of the key features of GST 2.0 is the introduction of advanced automation and digital tools, which aim to minimize human errors and improve real-time tracking of transactions. The reform also focuses on enhancing transparency and curbing tax evasion, while providing businesses with better input tax credit management. Experts believe that GST 2.0 will not only reduce the compliance burden but also make India’s tax ecosystem more investor-friendly. By streamlining processes and improving efficiency, this upgrade is expected to strengthen the formal economy, boost ease of doing business, and foster sustainable growth across industries, benefiting both entrepreneurs and consumers alike. #GST2 #IndiaGST #TaxReforms #EaseOfDoingBusiness #DigitalIndia #BusinessCompliance #TaxAutomation #InputTaxCredit #InvestorFriendlyIndia #EconomicReforms #FormalEconomy #SustainableGrowth #BusinessNews #FinancialNews #News #Newsone
India is planning to sell minority stakes in several state-run companies as part of its broader disinvestment strategy aimed at boosting government revenue and improving efficiency in the public sector. The move is expected to target profitable enterprises across sectors such as energy, shipping, and manufacturing. By offloading partial ownership, the government hopes to attract private investment, enhance corporate governance, and reduce its fiscal burden without giving up full control of these firms. This plan aligns with India’s long-term goal of encouraging private sector participation in the economy while maintaining strategic influence over key industries. Experts believe the stake sales could generate significant funds, which may be redirected towards infrastructure development, social welfare programs, and reducing the fiscal deficit. If implemented smoothly, this initiative could also send a positive signal to global investors about India’s commitment to economic reforms and market-driven growth. #IndiaDisinvestment #PublicSectorReforms #GovernmentRevenue #StateOwnedCompanies #PrivateInvestment #CorporateGovernance #EconomicReforms #FiscalPolicy #InfrastructureDevelopment #MarketDrivenGrowth #InvestmentOpportunity #EnergySector #ManufacturingSector #ShippingSector #News #newsone
