Montek Singh Ahluwalia on Mapping the Journey of Policy Reform with a Policy Reformer
Ideas of India
The Regression of GST Rates
India is a country of small firms and small shops. We have not achieved scale except for the very large corporate houses yet. So I think that's one part. The other aspect about the regressive nature is I think also when it comes to law being. Some rates have to increase while others reduce. And the ones that tend to increase are the unorganized sectors, which necessarily have a large number of small players.
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