GST rationalisation to boost auto, agriculture sectors

GST reforms in the automobile sector will increase demand, benefiting automobile manufacturers and other related industries such as steel, plastics, glass, electronics and agriculture.

- STATESMAN NEWS SERVICE

"These reforms mark a transformative step—bringing relief to farmers, MSMEs, small traders, women, youth, and the middle class, while ensuring ease of doing business across India. This is more than just a policy change; it's a step towards empowering citizens and strengthening our economy," Minister of Road Transport and Highways, Nitin Gadkari said in a post on X.

Rising vehicle sales will create a multiplier effect, boosting MSMEs across the supply chain.