Mumbai, Sept. 21 -- Maharashtra Chief Minister Devendra Fadnavis on Sunday lauded the recently approved Goods and Services Tax reforms and termed it as a "historic initiative".

Speaking to the reporters, CM Fadnavis stated that the "bold" step taken by the PM Narendra Modi-led Union Government will reduce the prices of daily-use products. He also considered the step as a massive boost to the Indian economy and the Atmanirbhar Bharat initiative.

"The second generation GST reforms are a historic initiative...This is a very bold step taken by the PM Modi-led government and the prices of daily-use products will reduce and they will highly benefit from it...This will also boost the Indian economy and is a big step towards 'Atmanirbhar Bharat...