Indian Polity & Governance·Amendments
Investment and Trade — Amendments
Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026
| Amendment | Year | Description | Impact |
|---|---|---|---|
| 44th Amendment | 1978 | Removed the right to property from fundamental rights and made it a constitutional right under Article 300A, significantly impacting investment and business operations by reducing constitutional protection for property rights | Enabled easier land acquisition for public purposes and reduced litigation over property rights, facilitating infrastructure development and industrial projects while raising concerns about investor protection |
| 101st Amendment | 2016 | Introduced Goods and Services Tax (GST) by adding Article 246A and establishing the GST Council, creating a unified indirect tax system replacing multiple central and state taxes | Transformed India's tax landscape by creating a common market, reducing transaction costs, and improving ease of doing business while requiring unprecedented center-state cooperation in tax policy |