28 December 2017
Need to focus on facilitating exporters
While the government and the GST Council have been responsive to myriad complaints, major problems still persist, especially for exporters and small-scale providers of goods and services.
Long delays in providing refunds to exporters (exports are zero-rated in the GST) have damped India’s export performance just when world trade and output are growing at their fastest rate since 2008.
http://www.rediff.com/business/column/3-troublesome-twins-that-will-rock-economy-in-2018/20171226.htm
20 October 2017
Good article and message in The Times of India (20 October 2017, Editorial Page) to Indian Government and Business Firms.
Favourable winds blow after years of global economic pain. But can India unfurl its sails to catch the wind?
October 19, 2017, Aurodeep Nandi in TOI Edit Pagehttps://blogs.timesofindia.indiatimes.com/toi-edit-page/favourable-winds-blow-after-years-of-global-economic-pain-but-can-india-unfurl-its-sails-to-catch-the-wind/
Global Economy 3.6% growth in 2017 and 3.7% growth in 2018
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The global upswing in economic activity is strengthening, with global growth projected to rise to 3.6 percent in 2017 and 3.7 percent in 2018.
For policymakers, the welcome cyclical pickup in global activity provides an ideal window of opportunity to tackle key challenges—namely to boost potential output
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The curse has been lifted on the global economy!
(the International Monetary Fund (IMF) ‘World Economic Outlook’ report.)This is the best economic condition that the world has seen in nearly a decade since the calamitous 2008 global financial crisis. Global growth is expected to clock a whopping 3.6% this year, and push 3.7% in the next.
Indian Government and Business Firms have to prepare for increasing exports in the favourable economic situation that is developing in the world. They have fine tune their export policy and programmes.
Updated on 28 December 2017, 18 October 2017
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