From coffee to handlooms, GST rejig to boost Nagaland's economy

IANS | October 15, 2025 12:03 PM

New Delhi, Oct 15 (IANS) The recent GST rate reforms reduced the tax rate to 5 per cent on key agricultural and artisanal products of Nagaland, directly impacting affordability, competitiveness, and market access for local producers and entrepreneurs, the government said on Wednesday.

PMAY acting as change agent with demonstrated wealth effect: SBI report

IANS | October 15, 2025 10:01 AM

New Delhi, Oct 15 (IANS) At least 1.2 crore houses have been sanctioned under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) and PMAY-U 2.0 (till August 25), and the scheme is acting as a change agent with it becoming a catalyst for enhanced discretionary and even non-discretionary spending with a demonstrated wealth effect, financial stability and well-being, an SBI report said on Wednesday.