Puducherry [India], September 27 (ANI): BJP National Spokesperson CR Kesavan on Saturday praised Prime Minister Narendra Modi over the next-gen GST reforms, saying that these reforms, along with the vision of ‘Swadeshi’, have become the propelling, pivoting force to realise his noble vision of a developed India in 2047.
Speaking to ANI, Kesavan further said that ‘Modi’ in the Prime Minister’s name stands for “Mission of Developed India.”
“MODI stands for Mission of Developed India and these transformational next generation GST reforms by Prime Minister Narendra Modi Ji, along with his nationalistic vision of a self-reliant India with Swadeshi, have become the propelling, pivoting force to realise his noble vision of a developed India in 2047. We have been meeting people of Puducherry, and they are all celebrating and applauding Prime Minister Narendra Modi ji’s game-changing GST reforms, and this has brought tremendous joy and happiness to each and every family of Puducherry…” the BJP leader said.
The Goods and Services Tax (GST) reforms, approved by the Union Government on September 4, came into effect on September 22. GST 2.0 features two main tax slabs, 5% and 18%, with a 40% compensation cess for luxury and sin goods.
The new framework is expected to ease compliance, reduce consumer prices, boost manufacturing, and support a wide range of industries, from agriculture to automobiles and from FMCG to renewable energy, and is intended to lower the cost of living, strengthen MSMEs, widen the tax base, and drive inclusive growth.
In the fast-moving consumer goods (FMCG) and dairy sector, major brands like Amul and Mother Dairy have announced substantial price cuts, reflecting the full benefit of the GST reduction. (ANI)
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