If govt is serious about the poor, then set lower GST rates for pharma

While price control regime brings down drug prices, it also leads to shortage of life-saving drugs

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Dr Piyush Gupta, associate director, GNH India

Dr Piyush Gupta

Last Updated : Jan 21 2017 | 2:06 PM IST

Union budget, as the name suggests, is an itemised summary of intended expenditure and expected revenue of the central government.

Unfortunately it has become a circus where the people and industry expect the government to perform magic and come up with overnight solutions to all our problems.

The right expectation from a budget would be that the government focuses on its deficits and finances to bring down inflation. But we expect the government to make policy decisions in union budgets. It is a fact that tax rates do affect business, but tax rates alone are not responsible for the success of the

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