PM Modi Announces GST 2.0 Reforms and Boost for Atmanirbhar Bharat

Name: PM Modi Announces GST 2.0 Reforms and Boost for Atmanirbhar Bharat
Uploaded: 2025-09-22T08:23:00+05:30
Duration: 5 min 35 s
Channel: Akshat Khanna
Description: Prime Minister Narendra Modi announced significant GST reforms, effective from Navratri, including tax exemptions for incomes up to ₹12 lakh. He lauded this as a "festival of savings" boosting the middle class. Simultaneously, Modi championed Atmanirbhar Bharat, urging support for the Swadeshi Abhiyan and increased investment in local manufacturing.

Prime Minister Narendra Modi announced significant GST reforms, effective from Navratri, including tax exemptions for incomes up to ₹12 lakh. He lauded this as a "festival of savings" boosting the middle class. Simultaneously, Modi championed Atmanirbhar Bharat, urging support for the Swadeshi Abhiyan and increased investment in local manufacturing.

Akshat Khanna | Updated on: Sep 22, 2025 | 08:26 AM

Prime Minister Narendra Modi recently announced significant changes to India's Goods and Services Tax (GST) system, terming the reforms a "bachat utsav" or savings festival. These next-generation GST reforms, effective from Navratri, include making income up to ₹12 lakh tax-exempt.

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This, coupled with the new GST rates, is expected to provide a significant benefit to the middle class. The announcement coincided with a renewed push for Atmanirbhar Bharat (Self-Reliant India), with PM Modi urging state governments to support the Swadeshi Abhiyan (self-reliance movement).

He encouraged investment in local manufacturing and a business environment conducive to growth. The reforms aim to accelerate India’s economic growth and strengthen its self-reliant economic vision.