BMS and Swadeshi Jagran Manch Welcome GST Reforms, Call It Relief for Common Man

The government has made changes in the basic structure of the GST law have also been appreciated by organizations like Bharatiya Mazdoor Sangh and Swadeshi Jagran Manch. These organizations have said that with this government decision, the tax burden will be reduced on the common people.

Bharatiya Mazdoor Sangh said in its statement, "The GST reforms undertaken by the Ministry of Finance are a significant step towards the tax structure. Traditionally, the indirect tax system was heavily dependent on taxing the day-to-day needs of the citizens. This trend has now been reversed through the next law, which mainly increases the tax burden on the people, while imposing higher taxes on luxury items consumed by the upper class. BMS Labour welcomes the reduction in taxes on essential daily use consumer goods, cement products, including insurance policies, educational material, agricultural machinery and other inputs, automobiles, electronic devices, and other items commonly used by the middle class and below."

On the other hand, Swadeshi Jagran Manch also welcomed the bold GST reforms announced by the central government led by Prime Minister Narendra Modi. He said that the call to adopt Swadeshi and empower the nation from the Red Fort on August 15 has been given tangible form by the government. The Manch said in its statement that the reduction and simplification of GST rates is not just a fiscal move but a Swadeshi-oriented reform. This will encourage domestic industries, empower MSMEs, support traders and artisans and further strengthen the foundation of Make in India and Aatmanirbhar Bharat.

Since 1991, Swadeshi Jagran Manch has been continuously creating awareness among the masses to adopt Swadeshi and firmly believes that India can prosper only on the basis of Swadeshi and self-reliance. Swadeshi Jagran Manch said in its statement, "In the current global uncertainties, when supply chains, payment systems and currencies are being weaponised, when the US and other countries are erecting duty walls and non-tariff barriers, and when countries like China are dumping to eliminate our manufacturing, these GST reforms are a vital tool to protect our national interests. Lower GST on essential commodities and local products will save precious foreign exchange as well as promote employment, livelihoods, and public welfare through a decentralised development model."