With 1.3 billion consumers, India's market has great potential. However, under the complicated tax system and perception of a challenging investment environment for foreign companies, India's potential is far from fully tapped. A well- designed GST could transform India into a more liberalised market and the second largest consumer market in Asia. The move is both politically and economically significant. Politically, it showed that the Modi government can compromise to get reforms made in the national interest. It could boost Prime Minister Narendra Modi's political legacy and gives him a better chance at a second term. Most importantly, it could add momentum to the world's already fastest growing economy. According to HSBC estimates, the reform will add 0.8 percentage points to the country's growth within three to five years.
NOW ITS TIME TO MAKE RAM MANDIR FIRST ONLY THEN UP ELECTIONS COULD BE WON AS IT WAS WRITTEN IN THE MANY-FEAST-TATOO OF RULING PARTY.
IF RULING PARTY DOES NOT MAKE SWACHA BHARAT WIFI RAM MANDIR-e WITH 10 MILLION e-BIO TOILETS THEN INSTEAD OF BEING RULING PARTY THEY MAY END UP AS ROLLING PARTY.
