How are GST Reforms a Big Relief before Diwali?

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How are GST Reforms a Big Relief before Diwali?

Synopsis

The recent Goods and Services Tax reforms have sparked positivity across political lines, with leaders highlighting their potential benefits for the underprivileged, farmers, and middle-class citizens. This initiative is being celebrated as a timely relief ahead of major festivals, showcasing the government's commitment to economic support.

Key Takeaways

  • GST reforms aim to significantly reduce taxes on essential goods.
  • Leaders across political parties have expressed support for the reforms.
  • Consumers, especially the underprivileged and middle class, are the main beneficiaries.
  • The initiative is timed to coincide with major festivals, enhancing its significance.
  • Government's vision is to create a healthier and stronger India through these reforms.

New Delhi, Sep 5 (NationPress) The recent announcement of reforms to the Goods and Services Tax (GST) by the Central government has garnered significant acclaim from leaders across various political factions, who regard this decision as a substantial relief for the underprivileged, farmers, women, and the middle class.

Chhattisgarh’s Deputy Chief Minister Arun Sao described the reform as a pivotal advancement for the younger generation. “This new reform is a crucial step for the new generation. It provides considerable relief to women, extensive advantages for farmers, and assistance for students,” he remarked.

BJP’s national general secretary Tarun Chugh praised the initiative, labeling it a festive present for the nation.

“Prime Minister Narendra Modi’s administration has delivered a significant advantage to the underprivileged and middle class just before the festivals. Numerous vital decisions have been implemented to assist MSMEs and small vendors. This is genuinely a moment to celebrate Diwali before Diwali. With Navratri, Diwali, and Chhath approaching, there is a joyful spirit throughout the nation. Taxes on essential items such as roti, kapda, and makaan have been nearly eliminated or drastically reduced. Historic reforms have been enacted to alleviate burdens for the poor, middle class, and farmers,” Chugh stated.

BJP MP Jagadish Shettar also expressed his approval of the move. “I wholeheartedly endorse the GST reforms and sincerely commend the initiatives taken by Narendra Modi ji and Nirmala Sitharaman ji. Every citizen of India, including economic experts, media figures, industrialists, business owners, and ordinary middle-class individuals, has welcomed this decision,” he affirmed.

From the Shiv Sena, leader Shaina NC highlighted that the primary beneficiary is the consumer. “Whether it’s two-wheelers, small cars, televisions, air conditioners, or cement, which have seen a reduction from 28 percent to 18 percent, the ultimate beneficiary is the consumer. It is not the government but the consumer who has benefited from simplified processes,” she stated.

Another Shiv Sena member, Manisha Kayande, commended PM Modi’s strategy.

“One unique trait of PM Modi is his ability to surprise with his announcements, and the GST reforms are no exception. We wholeheartedly support this,” she declared.

Earlier on Thursday, Prime Minister Narendra Modi referred to the reforms as a step toward constructing a healthier and more robust India.

While interacting with users on social media platform X and addressing concerns from economists, corporate workers, and middle-class citizens regarding GST 2.0 reforms, PM Modi stated that these measures align with the vision of ‘Swasth Bharat’, making essential food and cooking items more affordable for families nationwide.

“The #NextGenGST measures embody the vision of 'Swasth Bharat' by making necessary food items, cooking essentials, and protein-rich products more affordable for families throughout India,” PM Modi added.

Point of View

I believe the recent GST reforms reflect a significant political consensus towards alleviating economic burdens on the most vulnerable segments of society. This initiative aligns with the nation's goal of fostering a supportive economic environment, enhancing trust amongst citizens while promoting greater accountability from the government. The positive reception across party lines highlights the urgency and importance of such measures in today's socio-economic landscape.
NationPress
05/09/2025

Frequently Asked Questions

What are the main benefits of the GST reforms?
The GST reforms aim to provide substantial relief for the underprivileged, farmers, and middle-class citizens by reducing taxes on essential goods and services, thereby making them more affordable.
Who has welcomed the GST reforms?
Leaders from various political parties, including BJP and Shiv Sena, have expressed their support, highlighting the positive impact on consumers and the economy.
How do these reforms impact consumers?
Consumers are the primary beneficiaries as taxes on essential items like food and household goods have been significantly reduced, resulting in lower prices.
What is the government's vision behind these reforms?
The government aims to promote a 'Swasth Bharat' by ensuring essential products become more accessible and affordable for families across the country.
When were these GST reforms announced?
The GST reforms were announced on September 5, 2023, ahead of major festivals.