Year End Specials: GST roll-out, 2G verdict, closure on IBC, and more

Here is a look back on the major events in economy and policy

India’s tryst with GST

On the stroke of the midnight hour on July 1, the Goods and Services Tax (GST), India’s biggest indirect tax reform, came into being in an elaborate ceremony in Parliament, boycotted by the Congress party. But with a challenging deadline to implement a national integrated taxation system that included five slabs, nearly 40 exemptions and seven cesses, the goal of One Nation One Tax degenerated into multiple confusions. With economic growth hit and trader unrest growing, a five-member Group of Ministers was set up in September under Bihar Deputy Chief Minister