How GST reforms boost consumption, growth - The Indian Express

Following the implementation of Next-Gen goods and services tax (GST) reforms effective September 22, there was a sharp rise in consumption demand, from electronics to consumer goods, and a notable uptick in bank credit. During the September–October 2025 period , bank advances surged by over 100 per cent compared with the same period last year. This spike is stated to be driven by lower GST rates…