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Govt: GST cuts have set off 'virtuous cycle' of growth
Hindustan Times Gurugram
|October 19, 2025
The next-generation GST reforms have triggered a sharp reduction in consumer prices and accelerated a “virtuous cycle” of growth through consumption-led demand, Union finance minister Nirmala Sitharaman on Saturday, and added that the government's monitoring of prices of 54 daily-use items shows the industry has passed on benefits to consumers.
The GST Council on September 3 approved sweeping rate reductions on items spanning household essentials, medicines, automobiles and appliances as it pruned th
Diese Geschichte stammt aus der October 19, 2025-Ausgabe von Hindustan Times Gurugram.
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