India, Sept. 6 -- Increased consumption may well help the government end the financial year with no impact on revenue on account of the rationalisation in GST rates, finance minister Nirmala Sitharaman said. In an interview, she added that her focus will now shift to ensuring the transmission of the rate cuts, which, while not being motivated by the tariffs levelled by the US on Indian exports, could help offset their impact. Edited excerpts:

You made some changes in the income tax regime in the budget.

Big ones.

. And the new income tax bill and the rationalisation in GST, taking it closer to its original idea. So you have a direct tax reform and an indirect tax reform, which by itself is a staggering achievement, in this short a peri...