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Our economy can get only better this year!

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V

vgane

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Copious monsoon this year though it caused inconvenience to the people! GST passage by Parliament will be a boon to manufacturing!!

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Source:ET
 
Monsoon -excessive amount of it might damage also.

Gst might aid movement of goods. But increase in services cost by about 5% will hurt middle class. Reduction in Goods tax will be swallowed by manufacturers by

price increase and not passed on to end consumer.

One might better GDP figures . BUt at whose cost.?

Lowering of interest coat if it happens is bad for savers with deposits.

Govt fellows would welcome revision. But many are grumbling at lower levels due to its inadequacy.

Only the gap between rich and poor will go up.
 
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