DW piece – India's long struggle to create a common
market
“Nearly seven decades
after India's independence, the country has yet to become a single market for
goods and services. Trade between states is subject to tariffs, and both the
federal as well as state governments levy a myriad of taxes discouraging
production and inter-state commerce.
Prime Minister Narendra Modi's government has been attempting to change this with a big-ticket reform aimed at modernizing the nation's arcane tax code. If Modi succeeds, it would be mark a major achievement of his premiership and contribute to his core electoral promise of reinvigorating the economy.”
Prime Minister Narendra Modi's government has been attempting to change this with a big-ticket reform aimed at modernizing the nation's arcane tax code. If Modi succeeds, it would be mark a major achievement of his premiership and contribute to his core electoral promise of reinvigorating the economy.”