State-wise GST mop-up for July shows no economic recovery from COVID-19 slowdown

State-wise Goods & Services Tax (GST) collections in July showed an 11.1 percent month-on-month dip in most states, except a few small ones, government data revealed. State-wise GST collections is a proxy for manufacturing and services activity in the economy. Last month, Prime Minister Narendra Modi invited global companies to set up businesses in India, and said that the country is…