Sitharaman explained that the GST Council agreed on a two-rate GST system. The 12% and 28% tax slabs have been eliminated, with a consensus reached on the new 5% and 18% rates. She emphasized that the middle class will benefit the most from these changes, with essential items for the common man being moved from the 12% and 18% brackets to 5%. Items taxed at 5% have been reduced to zero percent.

Under the Public Distribution System, the government is distributing rations for June, July, and August together. The combined distribution of three months’ rations has caused increased crowding at ration shops. Consumers are feeling inconvenienced due to time constraints, while shopkeepers are struggling to serve a large number of consumers within a limited timeframe. Consumers had requested an extension to the distribution deadline so that all beneficiaries could receive their grains on time.

As of June 30th, approximately 75 to 80 percent of the ration has been distributed, while a large number of beneficiaries are still awaiting their rations. Considering these issues, the government has made a relief decision. The final date for distributing three months’ rations has been extended to July 7th. This decision will provide the most relief to consumers who have not yet received their rations due to crowds or other reasons. The government’s decision is expected to ensure that the remaining 20 to 25 percent of beneficiaries also receive their ration on time, and no one has to return empty-handed.