On Monday, Sept 23, Union Finance Minister Nirmala Sitharaman said that the GST2.0 will benefit the poor, the middle class, the new middle class, the youth, farmers, women, shopkeepers, and ‘udhyami’ (entrepreneurs). The rate rationalisation at 5 per cent and 18 per cent will support local manufacturing and bring cooperative federalism. Further, the financial minister stated that we should all work to accelerate growth, make it easy for businesses to function, and be attractive for investment. Such a big tax reform became possible by taking all states together since 2017.
What did the FM Sitharaman post on X concerning GST 2.0?
While condemning the opposition party on X, she wrote: “PM Modi’s address to the nation had several messages. Unfortunate that despite a positive and direction-setting address, our opposition party and its (social media) ecosystem spread negativity and baseless criticism,”
Highlighting GST 2.0, a people-centric reform, she wrote about the benefits of the reforms and considered that India should be ‘Atmanirbhar’, focusing on the need for local manufacturing, and noted the need to become equal partners in the country’s growth.
Her post carries messages from PM’s address
In addition, she mentioned messages from the PM’s address in her post which are given below:
“1. GST reform benefits the poor, the middle class, the new middle class, yuva, kisan,women, the shopkeepers and udhyami 2. Nagrik Devo Bhava is a strong focus 3. India should be #AtmanirbharBharat 4. We should be proud of swadeshi–“Garv se kaho, ye swadeshi hai” 5. Support local manufacturing 6. Emphasises cooperative federalism 7. Calls on states to become equal partners in growth 8. We should all work to accelerate growth, make it easy for businesses to function, and be attractive for investment 9. Such a big tax reform became possible by taking all states together since 2017.” The minister said the GST 2.0, coming into effect from September 22, have diminished the tax burden on people.