GST: The curious case of the inspector raj

The biggest lesson that one can learn from demonetisation is the fact that the reforms are as much prone to failure as they are to full or fractional success. Such reforms can be good, bad, neutral, or all of them together.For instance, the ostensible purpose of note ban was to crack down on black money. However, how much of it that the government has recovered so far still remains a mystery.…