India, Aug. 19 -- GST will undergo a major restructuring since its roll-out in 2017; it will give a boost to consumption and production, though it comes with a price tag of Rs 50,000 crore

The Indian economy is as resilient as ever, but it has come under severe attack from none other than the US President Donald Trump, who mocked it as a "dead economy." It is true that of late the economy is facing issues, and many of its sectors, including the automobile industry, FMCG, and mining and quarrying, are facing challenges. The Government is now taking major steps to correct the dips. A major GST reform is on the cards. To overhaul India's indirect taxation framework, Finance Minister Nirmala Sitharaman is set to present the Centre's case for s...