BJP MP Sikender Kumar terms GST 2.0 as next-generation reform
GST
Dated:- 9-9-2025
PTI
Shimla, Sep 9 (PTI) BJP Rajya Sabha member from Himachal, Sikender Kumar, has termed the GST rationalisation as a next-generation reform process, which will empower consumers, liberate entrepreneurs, strengthen economic sovereignty and chart a course for a prosperous and inclusive India.
In his article on the subject, shared with the media persons here, Kumar, who is also the former Vice-Chancellor of Himachal Pradesh University, said GST 2.0 could prove as transformative as the 1991 liberalisation or the Unified payments Interface (UPI) revolution of 2016 by linking people's growth to national productivity and lowering the consumption barrie
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epare India for short-term dynamism and long-term resilience.
If implemented effectively, this multi-dimensional growth lever has all economic ingredients to improve India's fiscal architecture and propel the country onto a trajectory where every rupee spent, saved, or invested would yield greater national wealth, he added.
The government envisions these next-gen GST reforms to significantly energise the economy, potentially adding Rs 20 lakh crore to Gross Domestic Product (GDP) and these next-stage reforms have come at a crucial juncture, when India has already become the fourth-largest economy in the world and aims to reach a USD 10 trillion size by 2047, he emphasised.
He stressed that these reforms also required the transformation o
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