PM Modi welcomes GST Council’s approval of rate cuts, reforms

New Delhi: Prime Minister Narendra Modi on Wednesday welcomed the GST Council’s collective approval of the Union government’s proposals on rate rationalisation and process reforms, calling it a step that will benefit the common man and strengthen small businesses.

In a post on X, the Prime Minister said the reforms would improve lives and promote ease of doing business. “During my Independence Day speech, I had spoken about our intention to bring the next-generation reforms in GST. The Union Government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and strengthening the economy,” he wrote.

“Glad to state that the GST Council, comprising the Union and the States, has collectively agreed to the proposals submitted by the Union Government on GST rate cuts and reforms, which will benefit the common man, farmers, MSMEs, middle class, women and youth. The wide-ranging reforms will improve lives of our citizens and ensure ease of doing business for all, especially small traders and businesses,” PM Modi added.