The Sovereign Gold Bonds scheme, introduced by the government in 2015, is now considered a failure. The scheme aimed to reduce gold imports and aid government borrowings but has not met its objectives. GST evasion has doubled to 2 lakh crores in 2023. The manufacturing sector’s contribution to GDP has dropped from 17% in 2010 to 12.9% today. Private sector investment in key employment sectors like apparel and textiles has decreased, leading to economic challenges and migration of skilled workers abroad.
#sovereigngoldbonds #gst #manufacturing #itwebvideos #indiatoday #economicchallenges #goldimports #governmentborrowings #gdp #privatesector #employment #taxevasion #economicreforms #skilledworkers #migration #governmentscheme
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00
Download App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
