CM Naidu backs Modi’s GST reforms, says they will add Rs 2 lakh crore to economy

Amaravati: Chief Minister Nara Chandrababu Naidu opined that the GST reforms introduced by Prime Minister Narendra Modi will benefit all sections of people in the country and help to achieve double digit growth in the country.

He said the GST reforms will boost Indian economy to a tune of Rs 2 lakh crore.

GST reforms to help people Dasara and Diwali

Speaking on GST reforms in AP Legislative Assembly monsoon session on Thursday, the Chief Minister said the GST reforms provided an opportunity to people to celebrate the coming Dasara, Diwali and other festivals in a true spirit with reduced prices of essential commodities with cut in GST.

He said the 5-tier GST reforms will remove complications in tax structure and there will be no harassment of officials as they are framed in more transparent manner.

The Chief Minister said that he is going to form a cabinet sub-committee and prepare action plan to take forward the GST reforms and to bring awareness among people.

‘15 per cent growth rate for Andhra Pradesh’

He said that the GST reforms should be visualised and the opportunity should be utilised to achieve 15 per cent growth rate for Andhra Pradesh.

Welcoming the GST reforms the Chief Minister appealed to Ministers and MLAs to take lead to congratulate Prime Minister Narendra Modi for bringing people friendly GST reforms through introducing a resolution in the Assembly session.

He also praised the efforts of Union Finance Minister Nirmala Sitaraman for the next gen GST reforms. He said GST awareness programme should organized from September 22 to October 20 in the State.

GST cuts on essential commodities

Explaining the benefits of GST reforms to members of the session through power point presentation, the Chief Minister said that he will always be in forefront in introducing reforms either in technology or economy.

He said the cut in GST from 28 per cent to 12 per cent and from 18 per cent to 0 per cent on some essential commodities indicates the Prime Minister’s commitment to protect the interests of common man.

He said the GST reforms will benefit all the 140 crore people.

He said the bold reforms introduced by PM Modi will leave its impact on every household with reduced prices and at the same time win the confidence of business men with increase in business and increased purchasing power.

He said the GST cut will pave way for growth in health, agricultural, dairy, education and several other sectors.

Absence of YSRCP MLAs

At the same time expressing concern over absence of YSRCP MLAs for Assembly session, the Chief Minister said that political parties should extend cooperation for benefit of society.

The absence of YCP MLAs to welcome the GST reforms was unfortunate. MLAs should attend the Assembly session as it represents 5 crore people. He said all the MLAs should bring awareness among people on the benefits of GST reforms.