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M Govinda Rao: A Bullock Cart Stuck in the Mud
States should focus on long-term productivity and revenue gains, not short-term losses The GST reform has virtually come to a standstill. It is earnestly hoped that the Empowered Committee of State Finance Ministers will end the deadlock in its meeting this week. However, prospects are not very optimistic and surely it will take all the persuasive powers of the chairman of the empowered committee to