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8 Years of GST: PM Modi Says Reform Boosted Ease of Doing Business for SMEs

Last updated: 02 July 2025


GST stands out as a landmark reform that has reshaped India's economic landscape: PM

The Prime Minister Shri Narendra Modi has remarked that eight years since GST was introduced, it stands out as a landmark reform that has reshaped India's economic landscape. "By reducing the compliance burden, it has greatly improved the Ease of Doing Business, particularly for small and medium enterprises", Shri Modi stated.

8 Years of GST: PM Modi Says Reform Boosted Ease of Doing Business for SMEs

The Prime Minister posted on X

"Eight years since it was introduced, GST stands out as a landmark reform that has reshaped India's economic landscape.

By reducing the compliance burden, it has greatly improved the Ease of Doing Business, particularly for small and medium enterprises.

GST has also served as a powerful engine for economic growth, while fostering true cooperative federalism by making states equal partners in this journey to integrate India's market."


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