Narendra Modi & Arun Jaitley want to revive housing with a big GST rate cut

The  Prime Minister's Office &  Finance Ministry are in favour of a big  GST rate cut on housing and are working to build consensus with states to push this through at the next GST Council meet on December 22, ET Now learns from reliable sources. The intent is to be consumer friendly, and bring home buyers back to the market with a much cheaper GST rate.  Sources say there…