The implementation of the GST, which is a solid achievement, will improve but the swelling demand for input tax credit must draw the attention of fiscal hawks
The tasks before a government are not easily boxed into five-year compartments. Some require continuous attention over decades, for instance the task of reform. Others like new legislation can be achieved within a term of office. It is as natural for a father whose time is short to worry about near-term things, as it is appropriate for a son with his whole life before him to take a long-term view.
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