GST 2.0 to benefit poor, middle class, says FM; slams Congress for spreading ‘negativity’

Union Finance Minister Nirmala Sitharaman said on Monday that the GST reforms will benefit the poor, the middle class, the new middle class, the youth, farmers, women, shopkeepers, and ‘udhyami' (entrepreneurs).

- STATESMAN NEWS SERVICE

The minister said the rate rationalisation at 5 per cent and 18 per cent will not only support local manufacturing but also bring cooperative federalism.

“We should all work to accelerate growth, make it easy for businesses to function, and be attractive for investment. Such a big tax reform became possible by taking all states together since 2017.’ said the Finance Minister.