Millionaire Industrian Anand Mahindra responded after Finance Minister Nirmala Sithaman 3. September announced several measures for GST reforms and rationalized rates. According to chairman Mahindra and Mahindra, these reforms will increase “consumption and investment” and therefore provide the most needed strengthening of the Indian economy at a time when the US deposited 50% of tariffs on the nation.
The consumption tax rates were significantly reduced, while a number of items were moved in the Nile GST mode, the wide range of goods was moved to 5 % or 18 % from higher plates.
The 70 -year -old entrepreneur in the X post said: “We have now joined the battle … More and faster reforms are the safest way to release consumption and investment. They will expand the economy and intensify the Indian voice in the world.”
When he was looking for more reforms, the Hindu monk and philosopher swami Vivekananda quoted, saying, “But we remember that the famous SWAMI VIVEKANANDA:” Get up, wake up and stop until the target is achieved. “
The reaction of social media
Social media users have dropped a breath of reactions to this comment. The user wrote: “Economic reforms are essential, but we must ensure that they benefit all Indians, not just about privileged little.”
Another user noted: “Nothing is worse than this system with two stories. There should be a global 15% album. The poor receive free rations and no law forbids to sell uniform commodities. Complexity after another.”
The third user said: “How is the reform? They correct the otherwise economic killing of tax rates.”
The fourth comment read: “We” India “you hope to reduce the price of your car and do not make any other changes so that the price of the car remains the same again.”
During the 56th meeting of the GST Council on Wednesday, it was announced that reforms would be effective from September 22, 2025, on the first day of the navratri.
(Tagstotranslate) Economic reform
