Kochi, Sept. 22 -- The Indian Pharmaceutical Alliance (IPA) has welcomed the launch of the Next Generation Goods and Services Tax (GST) reforms, calling it a "transformative move" that will make medicines more affordable and accessible.

With GST removed from 36 medicines and capped at 5 per cent on most others, IPA Secretary General Sudarshan Jain described the step as a boost for self-reliance and the healthcare ecosystem.

Speaking to ANI, Jain said, "22nd September is a very important day as the festive season begins in India and this is the first day of implementation of Next Generation GST reforms. GST reforms are a transformative step in India, and this will help to strengthen our Indian economy, lead to self-reliance, and, from a ...