While the lower Goods and Services Tax (GST) rates may lead to a decline in inflation, economic growth may not improve significantly in the short term even though it will benefit both India Inc and the government in the medium term, experts say. Most economists forecast inflation to come down as …
Tag: Economic growth
Industrialists seek revision in investment limit for MSMEs
Even as inflation has soared to a new high, the Union government has not revised the investment limit for the Micro, Small and Medium Enterprises (MSME) for many years. Entrepreneurs say it has resulted in hindering its necessary expansion and modernisation of its machineries to compete with the …