<h1>Minister announces transformational GST rate cuts, urges industry to fully pass savings to consumers to boost growth, jobs</h1> A senior government minister announced a reduction in GST rates described as a transformational fiscal reform and urged industry to fully pass the tax savings to consumers. The minister said the changes, together with procedural reforms, will stimulate demand, benefit multiple sectors including pharma and MSMEs, improve ease of doing business, and support economic growth and job creation. He framed the measure as contributing to improved living standards nationwide and credited executive leadership for the reform, while criticizing opposition forces for alleged negativity and delayed advocacy for similar measures. The statements were made at industry expos.