India, Sept. 23 -- Consumers across India heaved a sigh of relief and optimism towards their kitchen and household budget as the GST rate cuts officially came into effective. From bustling city markets to quiet rural towns, consumers, farmers and traders are all feeling the positive impact of the reforms, which have made a wide range of daily essentials and high-ticket items significantly cheaper. Many are calling the changes a "big bonanza" and are thanking the Government for the timely relief.
"I think I would save about '1,000 per month in my kitchen budget which would total to '12,000 annually which is a big saving for a middle class. The timing of announcement may be the festivities but given the reduction of prices in all walks of li...