With the objective of building greater awareness and consensus on various issues critical for the country’s growth, CII has launched a new monthly publication called Policy Watch. It will be widely circulated to all stakeholders, particularly to membership and government to communicate Industry’s views and recommendations across different sectors.
GST is the most significant economic reform proposal currently before us. CII believes that as much as 1.5 percentage points can be added to India’s GDP growth rate, by implementing GST. The most critical benefit of GST is to make India a single market with free flow of goods making the domestic supply chain faster, more efficient and seamless.
This edition of the CII Policy Watch takes an in-depth look at the GST implementation related issues and presents the Industry perspectives.