GST Reforms vs US Tariffs: How India’s Twin Economic Shocks Will Shape GDP, Inflation, and Fiscal Deficit
India’s economy is navigating a complex crossroads as two major forces collide: the sweeping GST 2.0 reforms and the steep 50% tariffs imposed by the United States on key Indian exports. While the GST overhaul is expected to boost domestic consumption and formalize the economy, the US tariffs threaten to dent export earnings and widen…