Address policy constraints, glitches to boost growth: Exim Bank

An immediate refund of Goods and Services Tax (GST) can increase the overall GDP by 2%, exports by 7%, aggregate imports by 6% and overall employment by nearly 4%, according to a new study by Export-Import Bank of India (India Exim Bank). The effects of immediate refund of GST on individual sectors are much larger with exports from the six identified sectors expected to register double-digit growth.