The factors driving consumption in India, as per the government, include: 1. GST implementation: The Goods and Services Tax (GST) has played a significant role in boosting consumption. It has simplified the tax structure and reduced cascading taxes, making goods and services more affordable. 2. Increased disposable income: The implementation of the GST has resulted in more income in the hands of consumers due to the simplification of tax processes. This has helped households save on monthly bills and increased their purchasing power. 3. Reduction in prices: One of the key objectives of GST was to eliminate the cascading effect of taxes and create a uniform tax structure. This has led to a reduction in prices of goods and services, making them more affordable and encouraging consumption. 4. Competitive markets: GST has facilitated a more competitive business environment by eliminating tax barriers between states. This has encouraged businesses to offer competitive prices and better quality products, stimulating consumer demand. 5. Formalization of the economy: GST has encouraged businesses to move towards formalization due to stricter compliance requirements. This has resulted in increased tax revenue which can be used for public welfare measures, thereby benefiting consumers indirectly. Overall, the implementation of the GST has had a positive impact on consumption in India, driving economic growth and benefiting households.