Blank shot? Surveys hardly noticed any impact of GST rate cuts on consumer spending in India - livemint.com

We have no clear evidence yet of higher spending growth after last year’s GST reset. (Mint) Summary GST rationalization was supposed to leave more money in the hands of consumers, address weak income growth and thus support the economy’s expansion. Yet, consumer perception surveys conducted by RBI and Nabard show no sign of such a scenario panning out. The prices of various items such as footwear,…