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The Goods and Services Tax (GST) Reforms 2025 by lowering GST rates addressed two challenges including employment generation and
Question

The Goods and Services Tax (GST) Reforms 2025 by lowering GST rates addressed two challenges including employment generation and

A.

Affordability

B.

Poverty removal

C.

Export boosting

D.

All of the above

Correct option is A

The correct answer is (a) Affordability

Explanation:
• The GST Reforms of 2025 aimed to lower rates on essential goods to make them more affordable for the common man.
• Lower rates stimulate demand, which in turn leads to employment generation in manufacturing and services.
• This is part of the government's strategy to balance revenue with social welfare.

Information Booster:
• The GST Council is chaired by the Union Finance Minister.
• GST was implemented in India on July 1, 2017.

Additional Knowledge:
Poverty removal (Option b)
• An indirect outcome, not a direct technical objective of rate lowering.
Export boosting (Option c)
• Usually addressed through zero-rating of exports rather than domestic rate lowering.
All of the above (Option d)
• Incorrect because 'Affordability' is the primary specific pair to employment in this policy context.

So the correct answer is (a)

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