ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

CompetitivenessSubscribe to Competitiveness

Small Businesses, Big Reform

This paper draws evidences from field surveys to bring out the impact of the goods and services tax on the micro, small and medium enterprises by exploring issues of coverage, rate, selection and exemption of taxation, and subsequently, its effect on the competitiveness and viability of these businesses. The coping mechanisms the units undertook to tide over the crisis they faced as well as the GST Council responses are also discussed.

China's Accession to WTO

This paper attempts to evaluate the implications of China's accession to the WTO in terms of its impact on the country's exports, imports and foreign investment inflows, and also discusses the likely effect of these developments for the Indian economy. The paper argues that in case of China, the changes consequent to accession to WTO will see an increase in economic activity, leading to a higher GDP growth rate. For India, the Chinese challenge can be met only if we strengthen the competitiveness of our economy further by undertaking additional reforms and improving infrastructure.
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