GST reality check: Centre has been reactive rather than proactive in addressing industries’ woes

The uniform regime of taxation called the goods and services tax (GST) was conceptualised 17 years ago. It has been an arduous journey for the government since then, in which it has shown perseverance, keenness and political grit to make it a reality in a country with economic and socio-political diversities. GST subsumes all the major taxes, including excise, service tax, value-added tax, central…