J&K, a state which is
notorious for only wrong news lately, etched its place for ever in Indian economic
history on 19th May, 2017. The GST council which held its 14th
meeting in Srinagar cleared almost all hindrances for finalization of 1211
commodities under different tax slab of 0%, 5%, 12 %, 18 % & 28 %.
It’s
tough for a person sitting outside Kashmir to imagine how the biggest indirect
tax reform got cleared so easily. A state which is perceived as offering
fragile political system goes much beyond being a centerpiece for economic
reforms; and it is the political economy...