GST will be India’s ‘Economic Freedom’: Ambani

MUMBAI: Industrialist Anil Ambani today termed the Goods and Services Tax (GST), being rolled out from July 1, as India’s ‘economic freedom ‘.
It would make ‘a borderless world of 1.
3 billion people, producers and consumers engaged in a seamless exchange of goods and services, skill sets and capital, labour and ideas he said adding that the world has seen nothing like this before as ‘in less than 48 hours, India will emerge as the biggest free and democratic market in the history of humankind ‘ Speaking here at a mutual fund industry event, ADAG Group chairman said there are many ways of counting the benefits of GST and as many of counting its costs.
“But there is just one way of describing its true promise.
GST is not just another piece of reform or transform, however significant. (UNI)

 

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