New Delhi, Sept. 5 -- Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently imposed higher tariffs from the US said the reforms will create more opportunities and give a boost to the industry.

The textile sector sees relief. Mithileshwar Thakur, Secretary General of the Apparel Export Promotion Council (AEPC), said, "The series of GST reforms are bold, brave and pathbreaking... This is a welcome move and will boost demand, drive consumption, and kickstart the economy by eliminating some slab rates and ad...