Prime Minister Narendra Modi’s timely GST rate cuts have sparked an unprecedented surge in consumer spending, turning Navratri into one of the largest shopping festivals in recent years and setting the stage for what promises to be a historic Diwali for India’s economy.

Inflation, a key factor influencing consumer spending, has cooled to its lowest level in eight years, with the Consumer Price Index (CPI) at just 1.54 percent and food inflation slipping into negative territory at -2.3 percent. These favorable conditions have empowered households to celebrate the festive season with more enthusiasm and expenditure.

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The impact of the GST cuts was immediate and striking. Reported turnovers for the combined festive and wedding season are expected to surpass Rs 7 lakh crore, ma

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