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Double dose for country's support and growth: PM Modi hails GST reforms

Posted on: Sep 04, 2025 18:55 IST | Posted by: Hindustantimes
Double dose for country's support and growth: PM Modi hails GST reforms
PRime authorities minister Narendra Modi on th said that the unification Government, on with the states, had taken a “big and significant decision”, making the Goods and Services Tax (GST) more simplified.“The GST has become more simple and easy. There are two rates left in GST- 5 and 18 per cent,” PM Modi said.The Prime Minister said that GST 2.0 is a “double dose” for the country's support and growth, adding that the “next generation GST reforms” would be implemented on September 22, the first day of Navratri.Modi said that he had promised “a double dhamaka of happiness before this Diwali and Chhath Puja” during his speech on Independence Day.Interacting with the teachers who have been granted National Awards, PM Modi stated that the GST reforms had been brought about to support India's progress in the 21st century.Hailing the GST reforms, PM Modi said that the poor, neo middle class, middle class women, students, farmers and youth would particularly benefit from the decision. He further said that these would lead to “ease of doing business”, and boost employment and investments.PM Modi added that the quality of life of the citizens would see an improvement, with consumption and growth getting a renewed push in the aftermath of the reforms.He said that five new gems (panch ratna) had been added to India's vibrant economy through GST reforms, adding that these would strengthen cooperative federalism to facilitate building a developed India.

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