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Govt taking steps in right direction through GST, other policy reforms: UBS

Measures to help improve productivity dynamics and lay the foundation for sustainable growth

Press Trust of India  |  New Delhi 

The ongoing structural reform push by the government like the Goods and Services Tax (GST) and inflation targeting will help lay the foundation for sustainable growth, says an UBS report. According to the global financial services major, notwithstanding the "gradual pace" of recovery on the ground, the government's current measures are steps in the right direction. "Despite the gradual and lopsided pace of recovery on the ground, we believe the ongoing structural reform push by the policymakers will help improve productivity dynamics and lay the foundation ...

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First Published: Thu, May 25 2017. 14:37 IST
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