@article {article1426, title = {Time to address structural issues to push growth}, author = {Ranjit K Pattnaik}, journal = {Foundation of The Billion Press}, date = 2019-09-26, year = 2019, url = https://www.thebillionpress.org/columns/economy/time-address-structural-issues-push-growth-1426, Abstract = {The reduction in the corporate tax rate and other relief announced by the government as part of a stimulus package will mean revenue foregone to the tune of Rs.1,45,000 crore, or 0.68 per cent of GDP. This is a huge incentive by any account. It comes on top of a slew of other measures relating to sector-specific fiscal concessions and funding up of recapitalisation of public sector banks.} }