Categories: India

"MODI stands for Mission Of Developed India": BJP's CR Kesavan lauds PM for next-gen GST reforms

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)

Source

The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.

Indianews syndication

Recent Posts

Applied Materials to pay $252 million over illegal exports to China

By Karen Freifeld and Jasper Ward WASHINGTON, Feb 11 (Reuters) - The U.S. Department of…

1 hour ago

Analysis-In Hong Kong's IPO boom, Chinese banks face talent crunch test

HONG KONG, Feb 12 (Reuters) - A shortage of talent risks undercutting Chinese investment banks'…

1 hour ago

US pushes for Venezuela investment, energy secretary warns about legitimacy of Chinese deals

By Marianna Parraga, Sarah Kinosian and Timothy Gardner CARACAS/HOUSTON, Feb 11 (Reuters) - U.S. Secretary…

2 hours ago

Applied Materials to pay $252 million over illegal exports to China

By Karen Freifeld and Jasper Ward WASHINGTON, Feb 11 (Reuters) - The U.S. Department of…

2 hours ago

FILE: Wasserman to remain LA28 chairman after Epstein review

VIDEO SHOWS: FILE FOOTAGE OF LOS ANGELES 2028 CHIEF CASEY WASSERMAN / RECENT & FILE…

2 hours ago

More than a game: virtual boyfriends win hearts in China

SHANGHAI/GUANGZHOU, Feb 12 (Reuters) - When Zhou, a 33-year-old Chinese civil servant, was a student,…

3 hours ago