🚀 10 Game-Changing Financial Reforms of 2024!

🚀 10 Game-Changing Financial Reforms of 2024!

🌟 2024 has been a landmark year for India's financial landscape under PM Narendra Modi's leadership. With bold reforms across taxation, employment, energy, and governance, these policies aim to drive innovation, boost the economy, and ensure social progress. Let’s explore 10 major initiatives that shaped this transformative year!

🌐 1. One Nation, One Election

Simplifying governance by proposing simultaneous elections for Lok Sabha and state assemblies to save costs and reduce disruptions.

💳 2. RBI Microfinance Lending Reforms

Unified guidelines for microfinance, capping repayments at 50% of household income, and removing interest rate ceilings.

🏦 3. Unified Pension Scheme

A fixed pension guarantee with enhanced government contributions for post-2004 employees.

🚀 4. Scrapping Angel Tax

Encouraging startup growth by removing the angel tax, fostering innovation, and easing fundraising.

🌱 5. BioE3 Policy

Promoting green growth and biomanufacturing hubs, focusing on climate resilience and innovation.

👩‍💼 6. Employment-Linked Incentive Scheme

Targeting 2 crore new jobs and skill development with a focus on women and rural workforce inclusion.

🚗 7. New EV Policy

Boosting EV manufacturing with reduced duties and domestic value addition goals.

🎓 8. PM Internship Scheme

Offering 10 million internships to equip youth with industry-ready skills and career opportunities.

📉 9. Removal of Indexation Benefit

Higher capital gains taxes as indexation on property sales is removed, impacting long-term investments.

☀️ 10. Rooftop Solar Promotion

Accelerating solar adoption with subsidies and a push for clean energy solutions.

🌟 These reforms reflect India’s commitment to inclusive growth, innovation, and sustainability. From supporting startups to revolutionizing elections and boosting employment, 2024 has set a solid foundation for India's future.

🔖 #India2024 #FinancialReforms #OneNationOneElection #Startups #GreenGrowth #EconomicPolicy #YouthEmpowerment #ModiGovernment #Innovation #Sustainability

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