Archive · 21 Sep 2026

Jairam Ramesh Says GST Cuts Offset by Inflation

Jairam Ramesh Says GST Cuts Offset by Inflation

Jairam Ramesh says tax cuts have not helped people as much as expected.

He argues that rising prices are taking away the benefit of lower GST rates.

He says car sales improved, but clothing sales did not.

He also says many goods became almost as expensive as before the tax cuts.

The government’s GST collections nevertheless increased in August 2026.

Much of that increase came from taxes on imports.

Ramesh says India’s economy still has problems, including weak spending and falling real wages.

The articles present his criticism alongside the government’s tax-collection figures.

Sources