Key Points

Uttar Pradesh Chief Minister Yogi Adityanath has welcomed the new GST reforms as a milestone achievement. He credited Prime Minister Modi and Finance Minister Sitharaman for their visionary leadership in implementing this change. The reform simplifies taxation into two main slabs while keeping essentials affordable. This move is expected to generate massive employment and strengthen India's position as a global economic power.

Key Points: Yogi Adityanath Hails Modi GST Reform for Swadeshi and Self-Reliance

  • Reform simplifies GST into two major slabs of 5% and 18%
  • Boosts demand in auto, consumer durables and construction sectors
  • Empowers farmers, women, youth and MSMEs with easier processes
  • Resolves inverted duty structure for stronger business confidence
2 min read

CM Yogi hails GST reform as a milestone towards Swadeshi and self-reliance

UP CM Yogi Adityanath praises PM Modi and FM Sitharaman for landmark GST reform, calling it a decisive step for India's global economic leadership and job creation.

"This is not merely a tax reform, but a decisive step towards positioning India as a leading global economy - Yogi Adityanath"

Lucknow, September 4

Uttar Pradesh Chief Minister Yogi Adityanath has welcomed the landmark decision on GST reform, expressing gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for their visionary leadership. He said the reform marks the beginning of a new chapter in India's tax system, according to a press statement.

"The Next Generation GST Reform, announced by the Prime Minister on Independence Day, is now becoming a reality. This is not merely a tax reform, but a decisive step towards positioning India as a leading global economy with a high growth trajectory," the Chief Minister said.

Yogi Adityanath emphasized that the reform would infuse new strength into the spirit of Swadeshi and self-reliance, while boosting demand across key sectors such as automobiles, consumer durables, and construction, thereby generating lakhs of employment opportunities.

Under the new framework, GST will be simplified into two major slabs--5% and 18%. Essential commodities will remain under the 5% slab, while a limited category of luxury items will be taxed up to 40%. Food items, medicines, and educational material kept in the 0-5% category will ease household expenditure, enhance purchasing power for middle- and lower-income groups, and stimulate consumption.

The Chief Minister said the reform will not only simplify taxation but also give fresh momentum to India's growth story, helping the nation advance on the path of becoming a global economic powerhouse.

CM Yogi said, "This reform will empower farmers, women, youth, MSMEs, and small traders alike. Provisions such as faster refunds and easier registration will provide strong support to small entrepreneurs and startups, further elevating the Ease of Doing Business in India."

He added that resolving the inverted duty structure, addressing classification disputes, and ensuring a transparent tax regime will further strengthen business confidence. With the consensus of both the Centre and the States, this reform is not only comprehensive but also widely acceptable.

Highlighting the government's achievements, the Chief Minister noted that under the Prime Minister's leadership, wholesale inflation has been successfully brought down to below 2% in recent years. The new GST reforms will accelerate demand and consumption, thereby making the economy stronger, more stable, and more inclusive.

On behalf of the 25 crore people of Uttar Pradesh, Chief Minister Yogi Adityanath extended gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for this unprecedented and revolutionary decision.

- ANI

Share this article:

Reader Comments

P
Priya S
As a small business owner, the faster refunds and easier registration will be a huge relief. GST was becoming too complicated for MSMEs. Good step towards ease of doing business!
A
Aman W
Hope this actually benefits middle class families. Keeping essentials at 5% is good, but implementation matters. Let's see if prices actually come down in markets.
S
Sarah B
While the reform looks promising, I hope the government ensures proper training for businesses to adapt to the new system. Transition periods can be challenging for smaller enterprises.
V
Vikram M
Great move! Simplifying tax structure will reduce compliance burden and corruption. This is what Swadeshi actually means - making our systems work for our people 👏
N
Nisha Z
As a homemaker, I appreciate that food items and medicines are kept in lower tax bracket. This will definitely help manage monthly budget better for families like ours.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50