{"id":15256,"date":"2025-09-25T00:21:44","date_gmt":"2025-09-25T00:21:44","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/25\/network18s-reforms-reloaded-convenes-indias-top-minds-to-discuss-future-impact-of-gst-reforms-business-news\/"},"modified":"2025-09-25T00:21:44","modified_gmt":"2025-09-25T00:21:44","slug":"network18s-reforms-reloaded-convenes-indias-top-minds-to-discuss-future-impact-of-gst-reforms-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/25\/network18s-reforms-reloaded-convenes-indias-top-minds-to-discuss-future-impact-of-gst-reforms-business-news\/","title":{"rendered":"Network18\u2019s Reforms Reloaded Convenes India\u2019s Top Minds To Discuss Future & Impact Of GST Reforms | Business News"},"content":{"rendered":"


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At Network18\u2019s Reforms Reloaded, the country\u2019s most influential voices discussed and deliberated on the GST 2.0 changes, their impact on both end consumers and conglomerates<\/h2>\n
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Pralhad Joshi, Minister of Consumer Affairs, Food & Public Distribution, at Network18\u2019s Reforms Reloaded on September 22, 2025. <\/p>\n<\/figure>\n

Network18\u2019s Reforms Reloaded brought together India\u2019s top minds to shape the nation\u2019s next big economic leap. With the next generation of GST reforms taking effect on September 22, 2025, the event convened policymakers, CEOs, economists, tech leaders, defence strategists, and investors to examine the future of GST and chart the path forward for India\u2019s tax and growth agenda.<\/p>\n

Through power-packed panels and exclusive conversations, the forum explored how GST 2.0 can transform industries, empower enterprises, unlock new opportunities, and accelerate Bharat\u2019s rise on the global stage. Reforms Reloaded 2025 came at a crucial time, raising vital questions on how India\u2019s policy ambitions can translate into tangible economic impact, how GST 2.0 will ease the cost of doing business and fuel consumption-led growth, and highlighted how India can align its bold reform narrative with on-ground resilience and global credibility. <\/p>\n

While GST remained the focal point, discussions extended to broader reform priorities, including divestment, asset monetisation, frontier technologies, defence indigenisation, renewable energy, and India\u2019s evolving role in reshaping globalisation. The day began with CEOs from various sectors sharing valuable insights and market sentiments on the first day of the revised GST implementation.<\/p>\n

Highlighting how the government has struck a balanced approach to supporting the economy, combining GST reforms, direct tax relief, and steady public investment, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said, \u201cPublic investment through budgetary support has remained on target, with 33% of the year\u2019s goal achieved by the end of July.” He also highlighted the democratisation of capital markets as a major reform, noting that despite recent nervousness, two-thirds of domestic institutional investors (DIIs) are individual investors. From January to August, while foreign institutional investors (FIIs) pulled out Rs 1 lakh crore in net terms, DIIs invested Rs 5 lakh crore.<\/p>\n

\u201cAs markets stabilise, we will bring in more OFS (offer-for-sale), minority stake sales, a few IPOs and speed up the journey,” Chawla said, adding that the government is confident of exceeding the divestment target of Rs 47,000 crore this year. \u201cWe are in a phase of growth convergence,” he added, urging against an obsession with headline figures. \u201cIf we can grow relative to global growth, we should be thrilled.” <\/p>\n

Further, talking about the latest GST reforms, Chief Economic Advisor V Anantha Nageswaran said, \u201cThe GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. Coming on top to the indirect taxes are the concessions and relief announced as part of the Union Budget. Taking a multiplier effect, these will quite definitely boost the GDP numbers,” he said.<\/p>\n

\u201cIndia\u2019s FY26 GDP growth will tend towards the upper end of 6.3-6.8 per cent range in FY26, following the GST 2.0 reforms,” he added. <\/p>\n

Moving forward, speaking on how GST 2.0 will touch lives across all sections of society, Gajendra Singh Shekhawat, Union Minister of Tourism, said, \u201cThe next-generation GST reforms, effective from today, will help everyone from a farmer to a \u2018millionaire\u2019 in Mumbai. About 95 per cent of goods will see a reduction in taxes. This will help people have more money in their pockets, which will boost consumption\u2026and tourism in one important aspect of it”.<\/p>\n

\u201cEarlier, only a few were taking the burden of paying taxes. Now, we have a huge cohort of people who pay taxes in small or large amounts. The 2.0 reforms will benefit MSMEs and the manufacturing sector,” said Shekhawat.<\/p>\n

Broadening the discussion, Defence Secretary Rajesh Kumar Singh underlined the government\u2019s commitment to indigenisation in the defence sector and said, \u201cWe will have $25\u201330 billion of capex every year in defence over the next decade. Our current plans are that at least 75% of capex would be spent within the country.”<\/p>\n

Hailing GST 2.0 as the biggest reform since 1975, Pralhad Joshi, Minister of Consumer Affairs, Food & Public Distribution, mentioned that his ministry has set up a dedicated helpline to address consumer complaints on GST benefits not being passed on, and has also created a mechanism to resolve such disputes pre-litigation.<\/p>\n

\u201cThis is above the necessary steps taken by the finance ministry. Compliances have been simplified, refunds have been made online for input credit\u2026 what can be a bigger relief for businesses than this? People are very happy about it. It is the biggest relief for the public,” Joshi said.<\/p>\n

At Network18\u2019s Reforms Reloaded, the country\u2019s most influential voices discussed, decoded, and deliberated on the revised reforms, their impact on both end consumers and conglomerates. The meaningful dialogues underscored optimism about India\u2019s reform trajectory, highlighting the potential of GST 2.0 to drive a more competitive, consumption-led economy by boosting domestic demand, strengthening GDP growth, and enhancing India\u2019s overall economic competitiveness. <\/p>\n

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News Desk<\/a><\/p>\n

The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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September 24, 2025, 14:07 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> Network18\u2019s Reforms Reloaded Convenes India\u2019s Top Minds To Discuss Future & Impact Of GST Reforms<\/span><\/div>\n
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Last Updated:September 24, 2025, 14:07 IST At Network18\u2019s Reforms Reloaded, the country\u2019s most influential voices discussed and deliberated on the GST 2.0 changes, their impact on both end consumers and conglomerates Pralhad Joshi, Minister of Consumer Affairs, Food & Public Distribution, at Network18\u2019s Reforms Reloaded on September 22, 2025. Network18\u2019s Reforms Reloaded brought together India\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":15257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-15256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/15256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=15256"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/15256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/15257"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=15256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=15256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=15256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}