In a nationally televised address timed with the onset of Navratri, Prime Minister Narendra Modi announced the rollout of Next-Generation GST reforms, branding it the ‘GST Bachat Utsav’—a savings festival aimed at making goods more affordable and boosting economic growth.
Modi hailed the move as a “double bonanza” for the middle class and poor, citing projected savings of ₹2.5 lakh crore through simplified tax slabs and reduced rates on essential items. He emphasized the reforms as a step toward Aatmanirbhar Bharat, invoking the spirit of Swadeshi and the role of MSMEs in driving self-reliance2.
However, the announcement drew sharp criticism from opposition parties:
Meanwhile, BJP leaders and NDA allies celebrated the reforms as a landmark achievement. Uttar Pradesh Deputy CM Keshav Prasad Maurya praised the initiative for empowering the poor to afford high-end goods, while Janata Dal (United) called it a festive gift to the nation