Retailer Urges GST Cut on Essentials to Boost Consumer Spending, Aid Small Businesses

• Krishna Chaitanya, an electronics and household items retailer in Konaseema, highlights the negative impact of high GST rates on consumer spending and small traders.
• He notes a decline in demand and sales due to reduced purchasing power, making it difficult for small retailers to sustain businesses.
• Chaitanya urges the government to lower GST on essential household and electronic items to 12% to stimulate demand and provide relief.
• Lowering GST would benefit millions of small traders and middle-class families by encouraging higher consumption and reviving market activity.
• Separately, Union Minister Kiren Rijiju will convene an all-party meeting on January 27 ahead of the Budget Session, which runs from January 28 to April 2.

Why It Matters: High GST rates are hurting consumer spending and small businesses; a reduction to 12% on essentials is urged.