Uttar Pradesh Chief Minister Yogi Adityanath has welcomed the landmark decision on GST reform, expressing gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for what he described as visionary leadership.
He said the reform marks the beginning of a new chapter in India’s tax system.
“The Next Generation GST Reform, announced by the Prime Minister on Independence Day, is now becoming a reality. This is not merely a tax reform, but a decisive step towards positioning India as a leading global economy with a high growth trajectory,” the Chief Minister said.
Yogi Adityanath underlined that the reform would boost the spirit of Swadeshi and self-reliance while driving demand across sectors such as automobiles, consumer durables, and construction, thereby creating lakhs of jobs.
Under the new framework, GST has been simplified into two slabs—5% and 18%. Essential commodities will remain under the 5% category, while a limited set of luxury items will attract up to 40% tax. Food, medicines, and educational materials placed in the 0–5% bracket are expected to reduce household expenditure, improve purchasing power for middle- and lower-income families, and stimulate consumption.
The Chief Minister said the reform will not only simplify taxation but also accelerate India’s growth story, helping the country progress toward becoming a global economic powerhouse.
CM Yogi added, "This reform will empower farmers, women, youth, MSMEs, and small traders alike. Provisions such as faster refunds and easier registration will provide strong support to small entrepreneurs and startups, further elevating the Ease of Doing Business in India."
He also highlighted that resolving the inverted duty structure, addressing classification disputes, and ensuring a transparent tax regime would strengthen business confidence. With consensus achieved between the Centre and states, he said, the reform is both comprehensive and widely acceptable.
Pointing to economic progress under the current government, Yogi Adityanath noted that wholesale inflation has been reduced to below 2% in recent years. He said the new GST reforms will accelerate demand and consumption, making the economy stronger, more stable, and more inclusive.
On behalf of Uttar Pradesh’s 25 crore citizens, the Chief Minister expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for what he called an “unprecedented and revolutionary decision.”