Union Minister Ashwini Vaishnav held a press conference, detailing the benefits of GST reform. The Minister explained how GST advantages extend to all states, estimating a saving of Rs 3,500 for a middle-class family. The principles of cooperative federalism, promoting “everyone’s support, everyone’s development,” were also discussed. A significant focus was placed on the advantages for MSMEs, illustrating how lower input item rates reduce manufacturing costs. The discussion also included mentions of the total GDP and its components.
