Uttar Pradesh to Reap Benefits from GST Reforms, Says CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state's burgeoning consumer market and infrastructure are set to gain significantly from the recent GST reforms. With the state's agricultural and industrial sectors as primary beneficiaries, CM Adityanath expressed optimism about the positive economic impact of the new tax regulations.

Highlighting Uttar Pradesh's transformation from a 'BIMARU' state to a prosperous region, Adityanath emphasized the role played by GST in boosting revenue and facilitating developments like expressways and metro networks. The reforms, lauded as a 'Diwali gift' from Prime Minister Narendra Modi, are expected to further stimulate local industries and job creation.

Chief Minister Adityanath underscored how the new GST slabs would simplify taxation, benefiting the common man, farmers, and businesses. Items of daily use will attract zero tax, while agricultural equipment becomes more affordable. With reduced GST on footwear and garments, significant relief is anticipated for industries in Agra and Kanpur, alongside overall economic growth.

(With inputs from agencies.)