Samajwadi Party chief Akhilesh Yadav Friday criticized the BJP-led central government over its Goods and Services Tax (GST) rates, alleging that the party has increased GST on raw materials while reducing it on finished goods.
In a post on his WhatsApp channel, Yadav said that this move is hurting businesses and damaging customer-dealer relationships.
Yadav accused the BJP of engaging in a “GST Golmaal” (GST mess), saying that the party has increased GST rates on raw materials while reducing them on finished goods.
He claimed that the BJP’s policies are putting businesses in crisis, as traders are struggling to cope with the new GST rates.
Yadav alleged that the BJP’s policies are not only harming businesses but also damaging customer-dealer relationships, as customers are unable to find affordable products.
Yadav’s criticism reflects growing concerns of many businesses and traders who have been affected by the GST rates. The SP chief’s comments highlight the need for the government to revisit its GST policies and ensure that they are fair and beneficial for all stakeholders.
Yadav’s said that the current GST framework is disproportionately burdening manufacturers and small traders.
He highlighted the negative impact of the GST rates on businesses, particularly small and medium-sized enterprises, who struggle to absorb rising input costs while facing pressure to keep retail prices affordable.
Calling for a policy overhaul, Yadav urged the government to revisit the GST structure and adopt a more business-friendly approach that supports domestic trade and promotes fair pricing.
Yadav’s comments are likely to resonate with many businesses and traders who are struggling to cope with the new GST rates. The SP chief’s criticism of the BJP’s GST policies is part of a broader debate on the impact of the tax regime on businesses and the economy.