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Home / Author / M Govinda Rao

M Govinda Rao

M Govinda Rao

Articles by M Govinda Rao

Developed country ambitions need deep structural reforms

To achieve developed country status, India’s GDP has to grow by an average of ~9% annually over the next 25 years

Updated on Jun 13, 2024 15:53 IST

Good GDP numbers hide many fault lines

Currently, GDP growth is led predominantly by private consumption and public investment.

Updated on Oct 12, 2023 16:42 IST

16th finance commission faces an uphill challenge

15th FC recommended the setting up of an inter-governmental group to define and achieve fiscal sustainability and design a new framework and implementation schedule.

Updated on Aug 16, 2023 16:41 IST

Expand GST base, reduce the compliance burden

The main argument for exempting pre-packed food items is that these constitute a large proportion of the consumption basket of low-income groups. However, most low-income households do not buy pre-packed food items but items sold in small quantities and loose. (Arun Sharma/HT PHOTO)

Updated on Aug 2, 2022 12:55 IST

The road ahead on revenue compensation to the states

Implementing GST by combining 13 domestic trade taxes levied by the Centre and states was by no means easy.

Updated on Jun 27, 2022 14:38 IST

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