MODI PUSHES TAX CUTS FOR ELECTRONICS, FOREIGN FUNDS

The proposed tax reforms represent Modi's effort to prioritize economic growth following recent student-led protests that shifted public attention away from his administration's development agenda. The changes would create financial incentives for electronics firms operating in India, a key sector in the government's 'Make in India' initiative. By reducing tax burdens on global investment funds, the reforms are designed to make India a more competitive destination for multinational capital. Industry observers view the move as part of a broader strategy to diversify manufacturing away from China and position India as a regional tech hub. The electronics sector has grown increasingly important to India's export economy and employment. Parliamentary approval remains necessary before implementation. The timing suggests Modi aims to demonstrate economic progress and restore focus on growth-oriented policies amid domestic political pressures.