Modi, India and China
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India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the principle of "one nation, one tax, one market". It was hailed as the biggest tax reform since independence from Britain in 1947.
During his Friday speech, Modi also hinted India would continue its unilateral suspension of the Indus Water Treaty. The treaty, which India suspended after the April massacre, allows sharing of the Indus River that runs about 2,897 kilometers (1,800 miles) through South Asia and is a lifeline for both countries.
India would not accept any compromise when it comes to the interests of its farmers, cattle-rearers and fishermen, Prime Minister Narendra Modi said Friday as the country wrestles with steep tariffs imposed by the US following breakdown of trade talks.
According to sources, Modi asserted, "Nehru partitioned the country once, and then again. Under the Indus Waters Treaty, 80 per cent of the water was given to Pakistan. Later, through his secretary, Nehru admitted his mistake, saying that it brought no benefit."
The Indian prime minister has said his country "is ready" to react to President Donald Trump's additional 25 percent levy on goods entering the U.S.
The collapse of the prime minister’s high-stakes efforts to transform ties with the world’s two superpowers has exposed the limits of India’s leverage.
13don MSN
Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil
President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,
Chinese Foreign Minister Wang Yi arrived in India on Monday for a two-day visit. He assured EAM Jaishankar that China will address the three key concerns of India, including fertilisers, rare earth, and boring machines.
It is one of the biggest job-creation programs rolled out in recent years, signaling the government’s intent to court India’s young workforce. At the launch, the PM Modi called the plan a 'transformational step,' saying it was about more than just jobs ...