Indians to soon have Rs 2 lakh crore more cash in hand from GST cuts: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman announced that the GST rejig is expected to put ₹2 lakh crore back into the hands of the common people, potentially boosting discretionary spending. She highlighted that 99% of goods contributing to 12% of revenue now fall under the 5% GST slab, benefiting the middle class and the poor.