Indore- Noted economist Montek Singh Ahluwalia has termed the Goods and Service Tax (GST) as an important structural measure which is an extension of the economic reforms started in the country in 1991. "In my view, the GST is an important structural reform. India has the capacity to achieve higher growth rate through good economic management, said Ahluwalia, who was a key voice in policy matters during the rule of Congress-led UPA. "The people got new currency notes in place of old notes. If a person can become corrupt by amassing old notes, he can equally be dishonest when possessing new currency notes."

Source: Economic Times July 27, 2017 11:59 UTC