GST features contributing to GDP growth slowdown

The formal voucher-based monthly reporting has dealt a death blow to the risk-sharing mechanism, underpinning the efficiency of the Indian retail supply chain as we know it

Indira Rajaraman
Updated6 Oct 2017, 04:47 AM IST
The goods and services tax (GST) hasn’t resulted in a temporary supply shock, but has made an enduring alteration to the business model of small and medium retailers. Photo: Bloomberg
The goods and services tax (GST) hasn’t resulted in a temporary supply shock, but has made an enduring alteration to the business model of small and medium retailers. Photo: Bloomberg(Bloomberg)

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