Hailing Modi, BJP adopts resolution on GST 2.0 reforms

The BJP on Sunday unanimously adopted a resolution on Next-Gen GST reforms during the party's parliamentary workshop, congratulating PM Narendra Modi for the bold and citizen-friendly move.

The resolution, which was moved by Commerce Minister Piyush Goyal, stated, "Taxation is central to the economy of any country. However, the real test of the abilities of any government lies in evolving a tax regime that promotes production, encourages consumption and yet significantly adds to the coffers of the nation. The recently introduced GST reforms under the guidance of PM Modi have the potential of achieving all these key objectives and hence merit commendation. This gathering of BJP MPs heartily congratulate him for this bold and citizen-friendly move and expresses the gratitude of our people!"

The resolution further said that in 2017, India had embraced the GST regime, fulfilling the vision of 'One Nation, One Tax'. It said, "What was once a cumbersome tax regime of VAT and multiple taxes, due to which our country struggled with a slow and fragmented economy, endless queues at inter-state toll booths, is now replaced by a unified market that has brought fairness, simplicity and strength to our economy."

"The next phase of reforms, guided once again by the Prime Minister’s conviction, has further simplified the system and placed the citizen at its heart. Rates on essentials like food and medicines as well as prices of electronic goods have been significantly reduced, distortions such as inverted duties are being corrected and procedures for small businesses, exporters and startups are being streamlined. These reforms reflect the goal of our government to bring ease in the lives of our citizens, empower traders and reinforce India’s path to self-reliance. Steady growth in monthly collection touching Rs 2 lakh crore is a certain indication of greater compliance. It is also indicative of buoyancy in our economy," it added.

Therefore, this resolution calls upon manufacturers/traders, big and small, to take pride in ensuring that reductions and rebates flow directly to the consumer. By passing on every saving and every relief, we honour the Prime Minister’s vision while strengthening the trust between shopkeeper and customer, trader and citizen. Lower prices will fuel higher demand, higher demand will boost prosperity for businesses and prosperity will reinforce the strength of the nation, it stated.