New Assocham President Sunil Kanoria has said it is time lawmakers across parties passed the Constitutional Amendment Bill on GST without further delay. This would send a strong signal to investors that India's economy can overcome serious global and domestic challenges with political will, according to an Assocham press release. He said GST can be...#
He said poor rural demand due to two successive bad monsoons is clearly affecting the economic growth across different sectors—agriculture, industry, and services. Besides, there is a real threat of food inflation widening its scale well beyond pulses and onion. “Recent spurt in pulses (53 per cent) and onion prices (85 per cent) even on a wholesale price index, spells out an urgent need for a holistic approach on food production and management and how the entire rural economy should be well integrated with the rest of the economy”. (SH)
ALCHEMPro News Desk – India
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