PM's swadeshi push on eve of GST implementation, asks MSMEs to restore glory of made-in-India products
GST
Dated:- 21-9-2025
PTI
New Delhi, Sep 21 (PTI) Prime Minister Narendra Modi asserted on Sunday that the GST reforms kicking in from Monday will accelerate India’s growth story, emphasising that it is a big and important step for “aatmanirbhar Bharat” and linking a boost to 'swadeshi' products to the country’s prosperity.
Addressing the nation on the eve of the auspicious Navaratri, which will mark the implementation of the revised GST rates, Modi said swadeshi will render strength to the countryÂ’s prosperity in a similar way it powered IndiaÂ’s freedom movement.
“We have to make every home a symbol of swadeshi. We have to decorate every shop with swadeshi (goods),” he said The roll-out of next-generation GST reforms months after his government raised the income tax exemption on annual earnings of up to Rs 12 lakh will be a “double bonanza” for citizens, helping the
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
ri, the country is going to take an important and big step for Atmanirbhar Bharat. With the sunrise tomorrow, the next generation GST reforms will come into effect. A 'GST bachat utsav (savings festival)' will begin tomorrow.
“You will be able to buy things you like more easily. The poor, middle class, neo middle class, youths, farmers, women, traders and shopkeepers will benefit from this,” he said.
He congratulated all on the next generation GST reforms. “These reforms will accelerate India's growth story, increase ease of doing business and attract more investors,” Modi said.
When India took a step towards GST reforms in 2017, a new beginning was made to script history, he said.
He said GST realised the 'one nation-one tax' dream. Modi highlighted how the web of taxes and tolls had created hardships for businesses and consumers.
He also said the GST move would benefit MSMEs big time and urged the sector to work to restore glory to made-in-India products, noting that goods
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
d services that will either be tax-free or attract only a 5 per cent tax.
Nearly 99 per cent of the items previously taxed at 12 per cent now fall under the 5 per cent tax bracket, he added.
He said for decades, citizens and traders were entangled in a complex web of taxes, amounting to dozens of levies across the nation and adding to the hardships of the business and the price burden of consumers.
Modi recalled a story he had read in a foreign newspaper soon after he took office in 2014 that a company found it more challenging to transport goods from Bengaluru to Hyderabad, a distance of 570 km, due to the multiplicity of taxes than to send its products to Europe and then back to Hyderabad.
The prime minister said he worked with all stakeholders, including states, to allay their concerns and bring them on board to roll out “one nation one tax” in 2017.
From kitchen staples to electronics, from medicines and equipment to automobiles, goods and services will be cheaper from Monday
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =