India, Sept. 5 -- Chief minister Rekha Gupta on Thursday hailed the reforms announced by the GST Council a day earlier as a "historic and people-centric decision," calling them a decisive step to boost the economy and ease the lives of citizens.

"These measures would empower citizens to secure their futures without financial burden. Every individual will now be free to purchase life insurance and safeguard their lives. This reform will not only enhance financial security but also uphold the spirit of social justice," the CM said in a statement.

The Central government earlier announced wide-ranging cuts to the Goods and Services Tax (GST) regime - from soaps to small cars - aimed at spurring demand amid punishing US tariffs. Gupta expres...