The government has introduced next-generation GST reforms, which Union Commerce and Industry Minister Piyush Goyal calls “the most game-changing and transformational reform we have seen in several decades.” In an interview on India Today, Goyal explains the changes will be a ‘Diwali gift’ for the nation, lowering prices for the common person, boosting consumer demand, and creating a virtuous cycle of growth. The discussion also covers the timing of the reforms, linking them to a strengthened domestic manufacturing base. Former Commerce Minister Anand Sharma also assesses the move, terming the reforms ‘sweeping’ and ‘commendable’ for simplifying the tax structure and benefiting consumers. The conversations also touch upon India’s trade relations and ongoing negotiations with the United States. #gstreforms #gst #piyushgoyal #anandsharma #indiatoday #modigovt #indianeconomy #taxcuts #middleclass #aamaadmi #easeofdoingbusiness #makeinindia #tradetalks #indiaus #economy #gstcouncil
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