Jaipur (Rajasthan) [India], September 27 (ANI): Union Law and Justice Minister Arjun Ram Meghwal on Saturday lauded Prime Minister Narendra Modi for the swift implementation of the Goods and Services Tax (GST) reforms that have lowered the slab to five per cent on several goods.

“The effect of GST 2.0, the next-gen GST reforms, can be seen in the markets. The customers are curious and asking questions while the shopkeepers are explaining it (GST rates) to them. This has become a reality, and we thank PM Modi for this,” Meghwal told ANI.

Rationalisation of the GST structure will provide further impetus to consumption growth, said the Ministry of Finance in its Monthly Economic Update.

The 56th meeting of the GST Council has brought in broadly a two-rate structure with a Standard Rate of

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