New Delhi: India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance Minister Nirmala Sitharaman said on Friday.

Speaking at the inaugural event of the new CGST Bhawan in Ghaziabad, FM Sitharaman said that the next generation GST reforms will make this system even more efficient, equitable and growth-oriented.

“I am confident that with continued reforms, dedication and teamwork, we will reach new heights in revenue, compliance and service delivery,” the Finance Minister said.

According to the Confederation of All India Traders (CAIT), retail sales during this Diwali hit Rs 6.05 lakh crore — marking a 25 per cent rise over last year’s Rs 4.25 lakh crore.

Of the total sales

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