*Deputy Chief Minister Mallu Bhatti Vikramarka* emphasized his crucial role in the reduction of *GST rates, highlighting its benefits for millions of people. He mentioned that the **GST Council* has made significant decisions in favor of the public, particularly for the poor, middle class, and farmers. Despite the state losing approximately *₹5,000 crore* annually due to the rate cuts, the government is committed to absorbing this loss for the welfare of these groups.
During a meeting with traders at *MCAR Vacharo* in Hyderabad, Bhatti explained that the *GST rate rationalization* has led to price reductions on many goods, urging traders to display these price changes clearly.
Furthermore, Bhatti directed the *Chief Secretary* to take responsibility for coordinating with departments to increase state revenue, with a report on potential income-boosting measures to be submitted within *15 days*. He also suggested revisiting revenue targets for various departments to ensure the achievement of financial goals.
