PM Modi to address nation at 5 pm today

Prime Minister Narendra Modi will address the nation at 5 pm on Sunday, officials have announced. There is no confirmation yet on what the exact topic of his address will be.

The timing is significant as Sunday marks the eve of Navratri, and it also comes a day before the GST rate cut, announced by Finance Minister Nirmala Sitharaman earlier, comes into effect.GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise would have gone as taxes.

About 99 per cent of goods under the 12 per cent GST slab currently will move to 5 per cent.

The new GST rates, which will result in the prices of a lot of consumer products reducing, will kick in from Monday, September 22.

Finance Minister Nirmala Sitharaman had last week said that the