GST Reforms for a Fitter, More Mobile, and Empowered Youth
The Government of India’s recent GST reforms are a significant step towards empowering the nation’s youth, promoting healthy lifestyles, and making daily life easier. These changes align with key national initiatives like the Fit India Movement, aiming to increase participation in sports and fitness while improving mobility for young citizens.
Making Healthy Lifestyles Affordable
The GST on gyms and fitness centers has been reduced from 18% to 5%. This change makes quality fitness facilities more accessible, especially for young people and urban professionals, encouraging more individuals to embrace healthier habits and preventive healthcare.
Pocket-Friendly, Eco-Friendly Transport
To promote sustainable living, the GST on bicycles and their parts has been lowered from 12% to 5%. This reform makes eco-friendly transport more affordable, supporting students and young professionals who want to use bicycles for their commute and fitness.
Promoting Sports and Recreation
The GST on toys and sports goods has been cut from 12% to 5%. This move brings sports equipment and recreational items within easier reach of young aspiring athletes and children. By making these products more affordable, the government is helping to strengthen India’s sporting ecosystem and support the holistic development of its youth.
Cheaper Two-Wheelers and Cars
- Two-Wheelers: The GST on two-wheelers up to 350cc has been reduced from 28% to 18%. This provides substantial relief for students, young professionals, and gig economy workers who depend on two-wheelers for daily transport in urban and semi-urban areas.
- Small Cars: Similarly, the GST on small cars has been reduced from 28% to 18%. This makes affordable vehicles cheaper, encouraging first-time buyers and young families to invest in personal mobility and enhancing their ease of living.
These reforms reflect the government’s vision of building a fit, mobile, and empowered young India by driving inclusive growth and expanding opportunities for all.