For democracy and why? What would you like to glorify about democracy?Against democracy and why? What changes will you like to recommend?
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If India was enough of a democracy, we would not have been able to push through a complex Goods and Services Tax (GST) system that defeated the purpose of simplification of indirect taxation. We would have had more people asking tough questions about whether we really need this reform. GST is arguably the biggest reform that the government has carried out and it should fascinate students of both politics and economics that the government doesn’t brag much about it. Democracy allowed GST to happen: chief ministers of even opposition states gave in. As it turned out, GST was another blow to small businesses and thus mass employment. It favoured the formal sector since everyone needed invoices for input credit. Those who couldn’t catch up immediately were left behind. GST, like demonetisation, was designed to give a body blow to the informal sector of the Indian economy, which is how our growth has been ruined
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