1 February 2018 – Indian Express AND The Hindu Analysis NEWS Editorial GK Current Affairs (UPSC/IAS)

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  • Economic Survey’s higher FY19 GDP forecast of 7-7.5 per cent .
  • The growth-dampening impact of both GST and demonetisation.
  • If India’s exports don’t grow fast India’s labour laws have kept firms small and already lowered their competitiveness that puts a ceiling to GDP growth in FY19.
  • Analysis of EPFO data .
  • Reviving investment.
  • In the case of oil, gas prices haven’t been fully freed.
  • Genuine privatisation of PSUs is the best.
  • Instead of the huge fertiliser subsidy provide cash subsidy.
  • Allow FDI in food retail
  • Do not stop farm exports every time inflation levels rise
  • Allow large buyers to buy directly from the farm
  • A GST-council like body of state agriculture ministers should be created
  • Direct taxes are also quite buoyant
  • Large number of tax disputes give India a bad name

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