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World Bank backs Modi govt over GST implementation

Fri, Oct 06, 2017, 10:05 AM
After being criticised for the wrong implementation of the GST leading to the current economic slowdown, the World Bank has come in support of the Narendra Modi government. Jim Yong Kim, President of the World Bank has said that it is going to have a positive impact on the economy. Responding to a question, the President insisted that India's slowdown is temporary. The opposition is blaming the BJP-led NDA government for the economic slowdown due to demonetisation and GST. The economic slowdown has resulted in people losing jobs and closure of industries, the opposition leaders criticised.
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