Five-year Plan Gone Rogue: How GST Regime Has Created Cracks In Centre-State Relations

The goods and services tax (GST) regime will complete five years in July. The euphoria that greeted the new tax system at its inception was based on the belief that it would give a boost to the country’s economy and lead to cooperative federalism. Much against the meat of that narrative, things have turned thorny at the near arrival of the first milestone of the new system, and Centre-state relati…