We do not know how GST will pan out in terms of revenue,” he said. There have also been calls to allow some fiscal boost to the economy, hit by demonetisation and GST. Given the inflation trends, monetary stimulus cannot be counted upon.”Arun Jaitley has said the decline in growth is a “temporary blip” and it should recover soon. One or two instances of consolidation in SOE banks over the next 12M. E-way bill to be cleared in Karnataka next quarter and other states will follow.Power and oil companies to remain public sector companies.

Source: Economic Times November 16, 2017 17:59 UTC