To its proponents, the much heralded goods and services tax (GST) represents a bright new hope: an India at long last knitted together into a single market. But could GST instead be a false dawn? Such regional parties are unlikely to be swayed by national narratives, such as “one nation, one tax”, emanating from Delhi, they contend. Similarly, the creation of Canada as a confederation of provinces in 1867 tied the new nation into an economic union. Every fortnight, In The Margins explores the intersection of economics, politics and public policy to help cast light on current affairs.
Source: Mint April 09, 2017 18:00 UTC