Prime Minister Narendra Modi has called the new GST changes a “next-generation reform” that will transform India’s economy and deliver relief to millions. Effective September 22, the GST rate cuts will make essentials, medicines, automobiles, and insurance cheaper, while boosting savings for the middle class and creating fresh opportunities for youth. Modi described the reform as a “GST Bachat Utsav” that will accelerate consumption-driven growth and strengthen India’s journey toward self-reliance. Will this landmark GST reform truly change household budgets and spark an economic surge across India?
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