Interstate flow of goods rose to 70% of GDP post-GST implementation

The value of the inter-state flow of goods in India increased to about 70 per cent of GDP in FY22 from nearly 55 per cent in FY18, taking into account movements of domestic and imported goods, shows a paper authored by Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council (PMEAC), signalling increasing economic integration among states after goods and services tax (GST) was intr…