The GST reform will significantly boost domestic demand.
However, today's global economy is volatile. This volatility reminds us that no country can take global markets for granted.
Trump's tariff policy presents us with a significant opportunity. The GST reform should trigger a movement toward broad reforms that will enhance our competitiveness.
Here are 10 areas where action is needed. Addressing these areas will alleviate the structural bottlenecks that currently make doing business in India more expensive than in competing economies.
This is my edited article published in today's Times of India.