GST reforms in the automobile sector will increase demand, benefiting automobile manufacturers and ancillary industries such as tyres, batteries, glass, steel, plastics, and electronics, according to the government.
The recent restructuring in the Goods and Services Tax (GST) regime will not only make life-saving drugs and healthcare more affordable and accessible but also lead to growth in the country’s pharma market, according to a report.
Union Minister of Textiles Giriraj Singh has drawn up plans to set up as many as 550 procurement centres nationwide for buying cotton from farmers at the minimum support price (MSP) during the forthcoming kharif marketing season, which starts on October 1.
