%A Ranjit K Pattnaik
%T Time to address structural issues to push growth
%! Time to address structural issues to push growth
%X 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.
%U https://www.thebillionpress.org/columns/economy/time-address-structural-issues-push-growth-1426