Mppsc current affairs

🔆 GST 2.0 – Reform for Young India

📍 Demographic Dividend
✅ 2/3rd of India <35 yrs → reform aligns with aspirations of youthful, consumption-driven economy.
✅ Simplified rates + insurance exemptions = stronger household purchasing power.

📍 Household Impact
✅ Private consumption = 60% of GDP.
✅ Lower taxes → higher disposable income → demand multiplier across health, education, housing, digital.
✅ Insurance exemption boosts financial protection culture.

📍 Support for Youth & Families
✅ Relief for EMIs, healthcare, education → long-term goals (home, education, security) more attainable.
✅ Removes barriers to insurance penetration.

📍 MSMEs & Entrepreneurs
✅ Simplified compliance → wider formalisation.
✅ 110M jobs supported; easier credit & supply chain visibility for startups.

📍 Virtuous Cycle of Growth
✅ Affordability → demand → investment → jobs → more demand.
✅ Creates self-sustaining growth aligned with youth-led consumption.

📍 Stability & Inclusivity
✅ Two-tier GST = predictability & trust for citizens & businesses.
✅ Inclusive reform ensuring demographic dividend isn’t wasted.

📍 Core Message
GST 2.0 = affordability, protection, entrepreneurship, stability → a fiscal foundation for India’s next growth phase.

#GSTReform #Youth #Economy

www.tgoop.com/mppsc_current/14189

1.21K viewsSep 9 at 16:02

🔆 GST 2.0 – Reform for Young India

📍 Demographic Dividend
✅ 2/3rd of India <35 yrs → reform aligns with aspirations of youthful, consumption-driven economy.
✅ Simplified rates + insurance exemptions = stronger household purchasing power.

📍 Household Impact
✅ Private consumption = 60% of GDP.
✅ Lower taxes → higher disposable income → demand multiplier across health, education, housing, digital.
✅ Insurance exemption boosts financial protection culture.

📍 Support for Youth & Families
✅ Relief for EMIs, healthcare, education → long-term goals (home, education, security) more attainable.
✅ Removes barriers to insurance penetration.

📍 MSMEs & Entrepreneurs
✅ Simplified compliance → wider formalisation.
✅ 110M jobs supported; easier credit & supply chain visibility for startups.

📍 Virtuous Cycle of Growth
✅ Affordability → demand → investment → jobs → more demand.
✅ Creates self-sustaining growth aligned with youth-led consumption.

📍 Stability & Inclusivity
✅ Two-tier GST = predictability & trust for citizens & businesses.
✅ Inclusive reform ensuring demographic dividend isn’t wasted.

📍 Core Message
GST 2.0 = affordability, protection, entrepreneurship, stability → a fiscal foundation for India’s next growth phase.

#GSTReform #Youth #Economy

BY Mppsc current affairs