PM Modi to Address Nation at 5 PM Ahead of GST 2.0 Roll-Out
Prime Minister Narendra Modi is scheduled to address the nation today at 5 PM, a statement from his office has confirmed. The timing aligns with imminent implementation of the government’s GST 2.0 reforms, prompting widespread speculation about the address’s likely focus.
There is no official word yet on what PM Modi will speak about, but there are strong indications that the speech will cover the upcoming changes under the revised Goods and Services Tax regime, which become effective tomorrow. Under the new GST framework, a simplified rate structure will replace multiple existing slabs, potentially reducing the tax burden on essentials and introducing steeper duties on luxury and “sin” goods.
Other possible themes under consideration include recent U.S. immigration policies affecting Indian tech workers, especially visa reforms impacting H-1B holders, and recent developments in India-U.S. trade relations. There has also been conjecture that the speech may touch on tariffs and export-import tensions in international markets.
Today’s address continues the Prime Minister’s pattern of speaking directly to the public ahead of major policy shifts. Past examples include his announcements during demonetisation, lockdowns during the COVID-19 pandemic, and counter-terror operations. These addresses are seen as a means to prepare citizens, set expectations, and clarify government positions.
Analysts suggest that GST 2.0 could have far‐reaching effects on consumer prices, especially during the festive season. Items expected to see price reductions include household staples such as ghee, paneer, ketchup, and packaged foods, as well as some medicines and electronic appliances. Meanwhile, high-end goods are likely to face higher tax burdens under a new luxury tax bracket.
With GST 2.0 poised to take effect tomorrow, the Prime Minister’s address at 5 PM is being watched closely by households, businesses, and markets. The aim appears to be to inform the public about what the changes mean, ensure transparency, and manage expectations around the reforms and other pending policy decisions.
There is no official word yet on what PM Modi will speak about, but there are strong indications that the speech will cover the upcoming changes under the revised Goods and Services Tax regime, which become effective tomorrow. Under the new GST framework, a simplified rate structure will replace multiple existing slabs, potentially reducing the tax burden on essentials and introducing steeper duties on luxury and “sin” goods.
Other possible themes under consideration include recent U.S. immigration policies affecting Indian tech workers, especially visa reforms impacting H-1B holders, and recent developments in India-U.S. trade relations. There has also been conjecture that the speech may touch on tariffs and export-import tensions in international markets.
Today’s address continues the Prime Minister’s pattern of speaking directly to the public ahead of major policy shifts. Past examples include his announcements during demonetisation, lockdowns during the COVID-19 pandemic, and counter-terror operations. These addresses are seen as a means to prepare citizens, set expectations, and clarify government positions.
Analysts suggest that GST 2.0 could have far‐reaching effects on consumer prices, especially during the festive season. Items expected to see price reductions include household staples such as ghee, paneer, ketchup, and packaged foods, as well as some medicines and electronic appliances. Meanwhile, high-end goods are likely to face higher tax burdens under a new luxury tax bracket.
With GST 2.0 poised to take effect tomorrow, the Prime Minister’s address at 5 PM is being watched closely by households, businesses, and markets. The aim appears to be to inform the public about what the changes mean, ensure transparency, and manage expectations around the reforms and other pending policy decisions.