New Delhi, Oct. 14 -- Days after the Central government announced a reduction of Goods and Services Taxes (GST) on Pashmina products to 5 per cent, Union Minister Jitendra Singh on Tuesday said the decision has increased the business potential for artisans and entrepreneurs.

Singh's statement came as he visited the two-day "The Splendour of Kashmir" exhibition organised in the national capital with the support of FICCI-FLO.

"Prime Minister Narendra Modi government's decision to reduce GST on Pashmina products to 5 per cent had not only boosted a very important and historic traditional handicraft of Jammu and Kashmir, but also increased the business potential for artisans and entrepreneurs," Singh said

The Minister further said that the...