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Government Should Simplify GST To Sustain High Growth Rate, Suggests IMF

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IMF Board is tentatively scheduled to meet on July 18 for its annual India meeting.
Washington: To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund (IMF) said today. India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7 per cent in the previous quarter. 
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