Jaipur, Sept. 6 -- Union Minister Gajendra Singh Shekhawat on Saturday welcomed the GST Council's decision to revise tax rates and expressed optimism about the impact of GST reforms on India's economy.

According to him, the revision of GST slabs and reduction of taxes on essential products will give a significant boost to the Indian economy, propelling it to new heights in the market.

Speaking to the reporters, Gajendra Singh Shekhawat said, "The manner in which India has made progress from an economic point of view, GST slabs have been revised and tax on all products used by a common man have been brought down, it will definitely bring a jump in the Indian economy and provide new heights to the market."

Earlier on Wednesday, Finance M...