GST 2.0 Sparks Q3 Rural Demand Explosion

India’s Q3 economy dazzled with surging demand, courtesy of GST 2.0 overhauls and rural sector renaissance. The next-gen GST regime’s user-friendly interfaces and lower compliance costs supercharged transactions nationwide. Rural India stole the spotlight. Robust agricultural output, aided by timely rains and MSP hikes, empowered farmers to splurge on consumer items. From soaps to scooters, rural baskets brimmed with purchases, lifting national sales charts. Tractor and two-wheeler segments led the charge, with rural demand accounting for 70% of incremental sales. GST 2.0 dismantled old hurdles like cascading taxes, promoting seamless supply chains and digital tracking.