Daijiworld Media Network - New Delhi
New Delhi, Apr 12: India's electronic permits (e-way bills), a key indicator of goods movement, reached a record 124.5 million in March 2025, marking a 20% year-on-year increase. This surge reflects strong factory activity and robust economic resilience.
E-way bills, mandatory for shipments of goods worth Rs 50,000 or more, showed an 11.5% increase compared to February 2025, reinforcing the country's growing economic momentum. For 25 consecutive months, e-way bill generation has been on the rise, with March 2025 setting a new milestone.
The sharp rise in goods movement indicates a stabilisation of the domestic economy, supported by factors such as higher manufacturing output, improved logistics efficiencies, and better infrastructure. Experts noted that the increase in e-way bills suggests rising formalisation in the economy as GST compliance strengthens.
Additionally, GST collections in March 2025 surged by 9.9% to Rs 1.96 lac cr, reflecting higher economic activity and compliance. Sequentially, March’s collections were 6.8% higher than February 2025, when GST revenue stood at Rs 1.84 lac cr.
The GST revenue in March was broken down as follows:
• Central GST: Rs 38,100 cr
• State GST: Rs 49,900 cr
• Integrated GST: Rs 95,900 cr
• Compensation Cess: Rs 12,300 cr
Top contributors to GST collections included Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Uttar Pradesh.
The steady rise in both e-way bills and GST collections signals a positive outlook for India's economy, driven by a combination of higher domestic demand, manufacturing recovery, and improved tax compliance.