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The Union Government brought about pathbreaking reforms in the existing Goods and Services Tax (GST) structure on September 3. The step would bring a long expected relief to the common man and materialize Prime Minister Narendra Modi's vision as announced in his speech from the ramparts of the Red Fort, a release said.
Posting on the social media platform 'X', Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, congratulated the Prime Minister and the Union Finance Minister for giving a historic Diwali gift to all. The Minister hailed the #NexGenGSTReforms and said, "The GST rationalisation ensures that Renewable Energy remains the backbone of India's Climate Strategy". In another post, Yadav termed the reforms as, "GST Reforms for a Green India", as they would help in advancing clean and green power adoption, improving waste management, lowering emissions, and protecting ecosystems, while maintaining fiscal balance. Steady adoption of solar, wind, and waste-to-energy projects is critical for meeting India's Net Zero 2070 pledge and Nationally Determined Contributions (NDCs) under the Paris Agreement. (ANI)
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