In an exclusive interview with NDTV's Amitoj Singh at the SRCC Festival, former finance minister Yashwant Sinha and CPI(M) general secretary Sitaram Yechury speak about the best way forward for India. The leaders discuss the role of GST and demonetisation in India's economic future. Yashwant Sinha says the notes ban was a resounding failure and further elaborates that the design and implementation of GST has been botched up by the BJP. Mr Yechury also says the livelihood of Indians has fallen sharply and that the government is not revealing the "complete truth". Furthermore, when questioned who was going to be the next Prime Minister, Mr Sinha claims he was the best candidate to set the economy on course for the next five years. While it was said in jest, was he throwing his hat in the ring?
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The increase in production is to cater to the increased demand because of the festive season and revised GST rates.
The development coincides with the surge in sales fuelled by revised GST rates and festive demands.
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
The Yamaha R3 and the MT-03 have received a price cut of Rs 20,000 following the revision in GST rates.
The sales of Suzuki Motorcycle India were supplemented by reduced GST rates and increased demand because of the festive season.
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