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Reduced GST rates to boost purchasing power, demand, and employment: CM Yogi
['Karun Sharma']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
Chief Minister Yogi Adityanath described the recent GST reforms as a Diwali gift from Prime Minister Narendra Modi to the nation.
He said the reduction in GST rates will enhance people’s purchasing power, increase demand, and give a strong push to employment generation.
Speaking to the media on Monday after leading a public awareness march on GST reforms and interacting with traders, CM Yogi said that, under the guidance of Prime Minister Modi, these changes have come into effect from the first day of Sharadiya Navratri.
Explaining the economic cycle, the Chief Minister noted that “Lower GST will increase purchasing power, which will drive demand.
Emphasizing the wide-ranging impact of the reforms, the Chief Minister said that “GST is one, but its benefits are many.
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