CEA Arvind Subramanian: GST will have at least 2 benefits, reduction in complexities, decline in tax rates—सविस्तर माहितीसाठी Financial Express मधील बातमी वाचावी.

While reiterating the view that there was “very, very little chance” of inflation being stoked, CEA Arvind Subramanian in an interview with Banikinkar Pattanayak dwelt on the impact of the carry trade, on the RBI’s fears that large-scale loan waivers could cause inflation to reignite, on the benefits from GST with even the current high rates and complex structure and on the likelihood of the NPA resolution mechanism working. Edited excerpts:
Instead of the finance ministry calling MPC members to Delhi, why didn’t you go to Mumbai?
What we had said was we would like to see MPC members for technical inputs and then we want to present the inputs to the entire MPC. We said the MPC members should come here because it’s easy for them to come here, and then we would present the inputs in Mumbai to the entire MPC. But both the proposals were rejected.

via CEA Arvind Subramanian: GST will have at least 2 benefits, reduction in complexities, decline in tax rates – The Financial Express