India, Nov. 27 -- The World Bank, in its recent South Asia Development Update, revised India's GDP forecast marginally upwards. This, they claim, is based on improvements in private consumption triggered by a lower-than-expected inflation rate due to the GST reforms. India's economy, historically driven by private consumption, is, however, at a crossroads. Household spending, which accounts for over 60% of GDP, has slowed significantly in recent years, even as GDP growth recovers. This decoupling of consumption from income growth signals deeper structural challenges: rising unemployment, declining household savings, and muted investment. Amid these headwinds, e-commerce emerges as a transformative force, offering a pathway to stabilise de...