GST Rate Reduction: A Transformative Step for India, Says Excise Minister Kollu Ravindra:

GST Rate Reduction: A Transformative Step for India, Says Excise Minister Kollu Ravindra Excise Minister Kollu Ravindra on Wednesday described the decision of the Union and State governments to reduce GST rates as a transformative step. At the “Super GST - Super Savings” awareness seminar held at the Avanigadda Revenue Hall, MLA Mandali Buddha Prasad was present, and Ravindra remarked that India is emerging as a nation capable of leading the world.

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He said that India has already become one of the top global economies. "Earlier, we feared America, but today, even after the US hiked its taxes, India is confidently exploring alternative market opportunities." Further, he added that the GST reduction by both Union and State governments has boosted the purchasing power and savings of the poor, middle class and farmers while lowering prices of necessary goods and agricultural tools. He also declared that large awareness programmes are being organised in villages and local offices to teach people about the benefits of GST and Prime Minister Narendra Modi will visit Andhra Pradesh on October 16 to participate in a GST awareness conference.

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The Ministry said the coalition government has focused on infrastructure development since its formation. he said, “We have taken up construction of CC roads on a large scale, ensured pothole-free roads, and are focusing on the development of main roads." Following the instructions of Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman. He instructed that boards displaying revised prices according to the new GST rates be placed in front of all shops.

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The Ministry also noted that the Puligadda-Penumudi bridge was initiated during the TDP regime and announced that the Edurumondi bridge would be completed under the coalition government.