India

India's Big New Reform Should Be Just the Start

Even if a GST bill passes, much more is needed to make it work.

Multiple taxes create long lines for trucks crossing state borders.

Photographer: Roberto Schmidt/AFP/Getty Images

In opening up sectors from aviation to defense to 100 percent foreign ownership this week, India's government is clearly hoping to signal that its reform drive is revving up again. Next on the agenda may be one of the most far-reaching new measures in years: a long-awaited, nationwide goods-and-services tax, or GST.

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