In a public letter, PM Modi calls for self-reliance, lower taxes, and Made-in-India support during the festive season
PM Modi’s Letter to the Nation: Key Highlights
Prime Minister Narendra Modi has launched a new campaign titled ‘GST Bachat Utsav’ (GST Savings Festival), marking the beginning of next-generation GST reforms from September 22. These reforms aim to boost savings, simplify tax structures, and promote Made-in-India products, in line with the vision of Viksit Bharat 2047.
Festive Season Brings Savings and Self-Reliance
In his open letter posted on X (formerly Twitter), PM Modi emphasized that this year’s festive season brings “an added reason to rejoice.” He noted:
“These reforms will directly benefit every section of society—farmers, women, youth, poor, middle class, traders, and MSMEs.”
Next-Gen GST Reforms: What’s New?
- Two simplified tax slabs: 5% and 18%
- Essentials like food, medicines, soaps, toothpaste, and insurance now fall under 0% or 5% GST
- Products previously taxed at 12% now mostly shifted to 5%
- Visual displays in shops showing pre- and post-GST rates highlight savings for consumers
Impact on Middle Class and Savings
- Over 25 crore people have risen above the poverty line, forming a neo-middle class
- Income tax cuts ensure zero tax up to ₹12 lakh annual income
- Combined, GST reforms and tax cuts will save Indians nearly ₹2.5 lakh crore
- Expenses on essentials, appliances, housing, eating out, and travel are expected to drop significantly
Benefits for Businesses and MSMEs
- Easier compliance and simplified rules
- Lower taxes, higher sales, and reduced operational burden
- Boost to MSME growth, employment, and local entrepreneurship
Buy and Sell Swadeshi: PM’s ‘Made in India’ Appeal
PM Modi made a strong pitch for Aatmanirbhar Bharat, urging citizens to:
- Buy Swadeshi products made by Indian workers and artisans
- Support local manufacturing, regardless of the brand or company
- Encourage shopkeepers to sell only Made in India products
“Let us proudly say – what we buy is Swadeshi. Let us proudly say – what we sell is Swadeshi.”
Call to Action for States and Industries
- PM urged state governments to support local industries and improve the investment climate
- Highlighted the GST journey since 2017 as a turning point for India’s economic unification
Festive Wishes and Final Message
As Navaratri celebrations begin, the PM extended warm greetings to the nation and invited everyone to embrace this festive season by choosing Swadeshi and enjoying the benefits of reformed GST rates.
“Let’s celebrate the GST Bachat Utsav! Lower GST rates mean more savings for every household and greater ease for businesses.”
