Finance
Odisha Chief Minister Mohan Charan Majhi expressed deep thanks to Prime Minister Narendra Modi for implementing the historic Next-Generation GST reforms. These changes aim to empower Micro, Small, and Medium Enterprises (MSMEs), create jobs, increase consumption, and improve people’s financial capabilities.
The updated 2-slab structure marks a positive shift in the way we produce and consume. Manufacturers and producers would be incentivized to build for and make in India as compliance becomes easier and GST on MSMEs is decreased. This, in turn, will result in a more resilient and robust economy founded on the foundation of an Aatmanirbhar Bharat.
In a tweet, CM Majhi highlighted that these reforms tie in with the Prime Minister’s vision of Aatmanirbhar Bharat, Make in India, and form a more cohesive action plan towards Viksit Bharat 2047.
He emphasised that the government’s commitment to inclusive growth and ease of living for all is reflected in these reforms. CM Majhi also reiterated the mantra ‘Nagrik Devo Bhavaḥ’ (citizens are gods), underscoring the government’s focus on citizen welfare. By reducing GST rates, the reforms aim to boost consumption of Swadeshi goods and services, resulting in a stronger economy.
Taking to his X handle, Majhi wrote: “Today, 22nd September 2025, is to getting etched in history as an iconic date as Bharat rolls out the Next-Generation GST reforms under the visionary leadership of Hon’ble Prime Minister Shree Narendra Modi Ji. The upgraded 2-slab structure brings about a welcome change in the way we produce and consume. Easier compliances, reduced GST on MSMEs will encourage manufactures and producers to build for India, to Make in India. The reduction in GST will ultimately boost consumption of Swadeshi goods and services, resulting towards a resilient and stronger economy built on the bedrock of an Aatmanirbhar Bharat. These Next-Gen GST reforms tie the Hon’ble Prime Minister’s vision of Aatmanirbhar Bharat, Make in India together and form a more cohesive action plan towards Viksit Bharat 2047.Odisha extends heartfelt gratitude to Hon’ble Prime Minister Shri @narendramodi Ji for this visionary and people-centric reform, which embodies the Government’s commitment to inclusive growth and ease of living for all. Reiterating him in saying, “Nāgarika Devo Bhavaḥ” and here’s to working towards the Bharat of our dreams.”
