GST Rationalisation Can Ignite Private Capex Cycle, Say Economists

Economists have hailed Prime Minister Narendra Modi’s proposed Goods and Services Tax (GST) rate rationalisation as a timely move to spur consumption and revive private capex. But will short-term fiscal pain derail public investment? And can a broad-based demand revival offset revenue losses? Here is what economists say.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *