If enemies too praise your move, then undoubtedly we can say that you are moving in the right direction. When GST was launched, the various economists said that a new era has started. But Congress as usual boycotted its launch. But do you know what Chinese media said about GST?
A Chinese newspaper which always attacks India has surprised everyone by praising PM Modi’s GST reform. It said that India is attracting international investors to invest in India.
In recent days, it should be noted that low-cost manufacturing is slowly moving out of China. So other nations including India is trying to capitalize on it and are trying to be the factory hub.
China is constantly attacking India over the standoff at the Sikkim border between the Indian and Chinese army that began on June 16. At this time a Chinese nationalist tabloid said that India should be taught a bitter lesson and it should be worst than 1962. But India’s Defence Minister Arun Jaitley said that it is 2017 and not 1962 and gave a befitting reply to Chinese.
So even though situation was tense, the Chinese media didn’t forget to praise the GST reform. So by this we should understand that GST is really a good reform.
Obama too praised Modi’s GST bill, and called it a bold policy move.
— Maneka Gandhi (@Manekagandhibjp) September 6, 2016
The 1991 economic reforms by the Narasimha Rao government were a revival therapy obligated by a massive economic collapse. By contrast, Modi is pushing a huge tax reform at a time when the economy is doing well and tax collections are at their peak levels.
The louder the protest of tax cheats and suspect politicians, the greater is people’s support for Modi. We cannot prosper as a nation unless we become a tax compliant society and curb tax evasion.