NEW DELHI, Sept 22: The next-generation GST 2.0 reform, being rolled out from Monday, will put more money in consumers’ hands, ease compliance burden for MSMEs, lower input costs for industry and strengthen India’s growth momentum, industry bodies said. The reduced GST rates on a vast number of items are effective from Monday, which Prime Minister Narendra Modi, in his address on Sunday, had described as a ‘saving festival’ (Bachat Utsav). Urging people to buy indigenous products, he had said that ‘Swadeshi’ would strengthen the country’s prosperity in a similar way it powered India’s freedom movement. The industries commended the Prime Minister for the next-generation GST reform. “The streamlined tax structure, combined with a renewed emphasis on Swadeshi, as outlined by the Prim

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