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M Shastri
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Comments by "M Shastri" (@libshastra) on "What should be the Govt's spending priorities in Budget 2023?" video.
Infrastructure and schools. Both those projects will boost the economic growth by .5 to 1.25%. Schools will help with consumption, infrastructure will help with investments. The rest is just a case of improving regulatory software. FinMin can do us all a big favor by simplifying lots of red tape. Decrease the compliance burden, change Companies Act to ease registration of companies (help informal sector formalize) and consolidate GST into one rate. Oh yes, get rid of inverted duty structure. It makes us very uncompetitive.
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