GST will take In­dia far ahead of China

Cargo Talk - - Report -

If GST comes about, it will be one of the finest things to hap­pen in In­dia. The way GDP is mea­sured was changed a few months back, re­sult­ing in a jump in our GDP by a few thou­sand points. A lot of re­search shows that im­ple­men­ta­tion of GST can fur­ther in­crease the GDP growth by 1.2 to 2.9 per cent at a weighted av­er­age of about 2 per cent of the GDP. Both fac­tors will make In­dia the fastest grow­ing coun­try in the world, far ahead of China.

An­shu­man Singh Man­ag­ing Di­rec­tor & CEO, Fu­ture Sup­ply Chain So­lu­tions

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