Amaravati, Sept. 22 -- Former Andhra Pradesh Chief Minister and YSR Congress Party president YS Jagan Mohan Reddy on Monday hailed the centre for introducing rate cuts to Goods and Services Tax (GST), asserting that it would provide the "necessary impetus" to consumption and investment.

Labelling the GST reforms as "revolutionary", Reddy stated that the restructuring will make the tax system simpler and fairer for citizens.

"The GST restructuring is a revolutionary step towards a simpler, fairer tax system It is a commendable move to make goods & services more simpler and affordable to every citizen. Here and there, there might be a few glitches with a few complaints but it's a process and I am hopeful that the benefits would get passed...