PM Modi says biggest beneficiaries of GST will be consumers, middle class

Prime Minister Narendra Modi on Thursday spoke at the inauguration of International Conference on Consumer Protection in Delhi. 

Here are the highlights of his speech:

#Government's efforts ensured inflation has been kept under check and the consumer saves money

#The Government has devoted effort and resources towards digital empowerment of the rural consumer

#The Government's efforts ensured inflation has been kept under check and the consumer saves money

#Effective grievance redressal systems are vital for a democracy. We are integrating technology and ensuring stronger grievance redressal mechanisms

#We have recently implemented GST. Due to GST, the various indirect and hidden taxes have ceased to exist. The biggest beneficiaries of GST will be the consumers, middle class

#GST will boost competition b/w companies, which will decrease prices of goods in turn benefiting poor & middle class consumers

#Govt's priority to consumer protection is in line with our resolve of New India, we'll change it to consumer prosperity on our way ahead

#New consumer protection act is being made, consumer empowerment will be major part of it & guidelines on misleading ads will be stricter

#Consumer protection in an inseparable part of governance. Our vedas have an extensive mention of consumer protection

#This conference is important because it seeks to discuss how we understand and try to fulfil the aspirations of the consumers