Now, Mission Economy | The Indian Express

Now, Mission Economy | The Indian Express

Written by ARVIND P. DATAR |Published: July 20, 2019 12:05:39 am

The writer is a senior advocate of the Madras High Court

Now, Mission Economy

To achieve $5 trillion target, tax system, laws, attitude to private sector need overhaul.

The tax authorities have a single-minded focus of achieving their revenue targets, and any method justifies the end.

Fifty years ago, Apollo11 landed on the moon and realised the audacious goal set by the US President Kennedy in 1961 of sending a man to the moon and bringing him back safely by the end of the decade. Equally audacious is the goal set by Prime Minister Narendra Modi of increasing India’s GDP from $2.8 trillion to $5 trillion in just five years.