How is PM Modi Encouraging Celebration of GST 'Savings Festival' as a Historic Milestone?

Synopsis
Key Takeaways
- GST reforms highlight significant economic relief.
- Celebration of the GST 'Savings Festival' emphasizes community support.
- Two new GST tax slabs simplify taxation.
- Numerous development projects inaugurated in Arunachal Pradesh.
- Focus on women and underprivileged communities.
Itanagar, Sep 22 (NationPress) Prime Minister Narendra Modi stated on Monday that the newly implemented GST reforms will significantly assist the underprivileged, middle class, women, farmers, traders, and entrepreneurs. He encouraged everyone to join in celebrating a grand event known as the “GST Bachat Utsav.”
PM Modi expressed that this GST 'savings festival' would mark a significant milestone for the nation.
Speaking at a large public gathering at Indira Gandhi Park in Itanagar, after laying the foundation for 13 development projects totaling over Rs 5,127 crore in Arunachal Pradesh, PM Modi engaged the audience with the slogan, “Garv se kahen, yeh swadeshi hai.”
The Prime Minister invited attendees to raise their mobile flashlights, and thousands responded with enthusiasm.
Prior to the main event, PM Modi explored an exhibition and connected with local traders, artisans, and craftspersons.
The exhibition showcased local products. In alignment with his vision of enhancing the Ease of Doing Business and nurturing a vibrant entrepreneurial environment, he also engaged with local taxpayers, traders, and industry leaders to discuss the implications of the recent GST rate adjustments.
Highlighting that his visit to Arunachal Pradesh was notable for three key reasons, PM Modi noted that first, on the auspicious inaugural day of Navratri, he had the honor of witnessing the stunning mountain landscapes. He remarked on how devotees honor Maa Shailputri, the daughter of the Himalayas, on this day.
Secondly, he proclaimed the rollout of next-generation GST reforms nationwide and the celebration of the GST 'Savings festival.'
PM Modi pointed out that during this festive season, citizens have received a double bonanza.
Lastly, he underscored the inauguration of numerous development projects across various sectors such as power, connectivity, tourism, and health in Arunachal Pradesh.
The Prime Minister noted that this demonstrates the dual benefit of their governments at both the Centre and the state, extending heartfelt congratulations to the people of Arunachal for these initiatives.
He asserted that the GST 'Savings festival' will usher in joy, prosperity, and success for the citizens of India.
Recognizing the significant presence of women at the gathering, he congratulated them once more for the GST 'Savings festival', emphasizing that the advantages of the next-generation GST reforms will greatly benefit them.
He mentioned that households will now enjoy considerable relief in their monthly expenditures. Essential items such as kitchen essentials, children’s educational supplies, and clothing have become more affordable, he remarked.
He announced that GST has now been streamlined to just two slabs -- 5 percent and 18 percent.
PM Modi emphasized that many crucial items are now tax-free, while taxes on other goods have seen substantial reductions.
He highlighted that acquiring a home, purchasing a scooter or bike, dining out, and traveling have all become more economical.
After virtually laying the foundation stone for 13 development projects worth over Rs 5,127 crore in Arunachal Pradesh's capital Itanagar, the Prime Minister traveled to Agartala on Monday afternoon. From Agartala, he proceeded to Udaipur in the Gomati district by helicopter, where he inaugurated the redeveloped Mata Tripura Sundari temple, located 65 km south of Agartala.