Finance Minister Nirmala Sitharaman said GST rate rationalisation boosted festive demand, with passenger vehicle dispatches rising to 3.72 lakh units, two-wheeler sales to 21.6 lakh, and AC sales doubling. TV sales surged 30-35%, while electronics grew 20-25%. Ministers Piyush Goyal and Ashwini Vaishnaw hailed the reform as a key driver of India's consumer momentum.
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04:51 pm on
18 Oct