New Delhi, Sept. 22 -- Lauding the implementation of GST reforms, Union Minister Pralhad Joshi on Monday said that "Bachat Utsav" is being celebrated across the country and termed it as the "biggest reform" in the country in 75 years.

Under the revised structure, the previous four-tier GST slabs have been consolidated into two main categories: 5 per cent and 18 per cent. Items that were earlier taxed at 12 per cent have been brought down to 5 per cent, while those in the 28 per cent category have been rationalised to 18 per cent. Essential commodities and daily-use items are now taxed at the lowest rate, making them more affordable for households.

"'Bachat Utsav' is being celebrated in the country. This is the biggest reform in the coun...