Jamshyd Godrej emphasizes the necessity for significant reforms, stating that merely reducing GST will not be sufficient to boost demand.

Mumbai: Merely cutting the goods and services tax (GST) rates will not be enough to stimulate demand in the economy, Godrej Enterprises’ chairman and managing director Jamshyd N. Godrej said in response to a query on lagging private capital expenditure. “We need big bang reforms, significant deregulation in every sector for private capex to grow.”He added that the last such sweeping reforms had taken place in 1991, when India had liberalized its economy. “These (the GST rate cuts) are just rate rationalisation.” The chairman was speaking on the sidelines of a press meet for Interio by Godrej.Godrej also dismissed the view that the income tax rebates—offered to those earning up to ₹12 lakh in this year’s Budget—would boost consumption. “Do we know where this money (savings from lower income tax) is actually going?” he asked. “It must be getting used in debt (repayment) at that level.”Read more: Godrej Interio aims to double sales by 2028 with fresh brand identity, expansionLast week, the government nixed two slabs of GST, moving goods to 5% and 18% tax slabs and some to a special ‘sin’ tax of 40%. Packaged food and personal care staples are expected to get cheaper as their GST rates were cut from 12% or 18% to 5%. Top industry leaders, including Mukesh D. Ambani, chairman and manging director of Reliance Industries Ltd, hailed the move as a “big booster to consumption-driven growth”.Godrej Enterprises’ biggest consumer business is appliances, including refrigerators and air-conditioners, which saw their tax rate cut to 18% from 28%. The company also sells furniture under the Interio by Godrej brand and security solutions. Read more: Godrej Consumer must deliver on growth in FY26 to sustain stock valuation in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.