New Delhi: BJP on Tuesday highlighted the impact of GST reforms along with cuts in interest and income tax rates, claiming that the government had promoted economic development, promised a lively Diwali with increased expenditure power for citizens.At a press conference, BJP spokesperson Zafar Islam said that the GST collection had reached a record of Rs 2 lakh crore. “PM Narendra Modi announced from the Red Fort that GST will be given relief, and people will benefit greatly from the concessions provided. Such a good Diwali has not been seen in the last 50 years as it will be seen this time. On this Diwali, possible GST rate cut, cuts already implemented, and cuts have been cut.”He said that when the BJP handed over to the economy in 2004, it was strong, but by 2014, every parameter was in a serious position. Islam said, “Since 2014, under Modi’s leadership, India has emerged as a global economic power plant. From the economy of $ 2.4 trillion, it has increased to $ 4.3 trillion, which has climbed the 11th largest economy from the 11th largest economy worldwide,” given that India’s rating has been upgraded to Triple B Flat.He said that when the world is struggling with inflation and tariff challenges, India stands flexible as inflation has come down from 9.7% to 1.5% in 2013, with food inflation -1.6%. Islam said, “Onion, tomato and potato prices have actually fallen.” News network
