Economic Reforms: India
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Reforms and politics
Dec 18 2014
Political parties have been discussing two key economic policy issues -insurance and the goods and services tax (GST) -for over a decade.Both bills are seen to be critical for improving investor sentiment and efficiency in the economy. When the Congress was in power, the BJP erected roadblocks. With a change in seating arrangement in Parliament, the roles reversed -the BJP is now pushing for these two critical reforms but the Opposition is putting up roadblocks.