By Jyoti Vij

This festive season brings with it more than celebrations—it carries a sense of renewed economic optimism. The roll-out of goods and services tax (GST) 2.0 has injected fresh momentum into India’s growth story by enhancing household purchasing power, easing business operations, and simplifying tax administration. By rationalising slabs and lowering rates across a range of consumer goods, the reform has delivered tangible savings for households, freeing up disposable income and helping stimulate demand.

In many ways, GST 2.0 reaffirms the fundamental principle that simpler taxation and greater transparency are among the most powerful enablers of sustained economic growth. With private consumption contributing nearly 61% of India’s GDP , maintaining domestic demand is essent

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