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'Savings Festival' Starts Today as GST Reforms Will Lower Prices, Boost Growth: PM Modi
The BJP's week-long campaign educates citizens on the new GST rates of 5% and 18%, expected to lower prices and strengthen India's economy, with all MPs participating in local outreach.
- The Indian government launched the two-rate GST regime and BJP's seven-day 'GST Savings Festival' campaign starting September 22, 2025, nationwide.
- This rollout follows the September 3 GST Council decision to rationalise rates to 5% and 18%, merging 12% and 28% slabs, while exempting essential services.
- The new GST rates cover over 375 goods including food items, consumer goods, automobiles, and cement, with companies reducing prices and promising to pass on benefits.
- Notable price cuts include Kellogg's corn flakes down 11% to Rs 355, Pringles chips 12% cheaper at Rs 110, and Maruti Suzuki cars reduced by up to Rs 1.29 lakh.
- This tax reform signals lower inflation and improved demand across sectors, benefiting consumers, MSMEs, farmers, and the middle class as highlighted by PM Modi.
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PM Modi says ‘GST savings festival’ begins tomorrow: with lower prices, how household budgets are set for boost
GST Savings Festival, New GST Rates 2025: Here is what to know about the expected impact of slashed rates on prices of dairy products, FMCG goods, ACs, cars and more.
·India
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‘GST Utsav’ From September 22, Will Be ‘Festival of Savings’ for All Countrymen, Says PM Narendra Modi (Watch Videos) | 📰 LatestLY
'Next Gen GST reforms being implemented from tomorrow, it is like ‘GST saving festival’,' Prime Minister Narendra Modi said. 'From tomorrow, you will be able to buy your favourite items with ease. This is like a GST saving festival for every Indian,' PM Modi added. 📰 ‘GST Utsav’ From September 22, Will Be ‘Festival of Savings’ for All Countrymen, Says PM Narendra Modi (Watch Videos).
Coverage Details
Total News Sources21
Leaning Left2Leaning Right4Center1Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 29%
14%
R 57%
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