GST can be positive for fiscal deficit; help lower rates: Neelkanth Mishra

Interview with managing director, equity research at Credit Suisse

In conversation with Puneet Wadhwa, NEELKANTH MISHRA, managing director, equity research at Credit Suisse says that though India's medium-term prospects are very strong, the near-term economic momentum is quite weak. He expects the pace of flows into the emerging markets, including India, to slow going ahead. Edited excerpts: 

The government unveiled the goods and services tax (GST) rates last week. What are your views?

The 40-plus days of advance notice should be a relief for corporates and enterprises, as not only does it allow them to assess the impact on their profitability and operations, it also allows for some to-and-fro