Economic Shocks? Get Potholes Filled

There’s billions of man-hours of civic work waiting to be done in our cities. It’s an opportunity to employ unskilled labour, boost income and demand at the bottom of the pyramid, and boost growth in times of global uncertainties

This week marks a month since Trump’s penal tariff on India came into force. It’s also started with worrying news about sky-high fees for H-1B visa applications. Since 70% of these visas — 2.8L last year — go to Indians, there’s a cloud over the employment, dollar earnings, and remittances, of India’s elite STEM workers. All told, $87bn worth of goods exports and substantial services earnings may be hit.
That’s why the rollout of GST 2.0 couldn’t have been better timed. Lower prices across the board — car and bike prices have reduced sharply — will spur demand and production, countering some of the impact of Trump’s actions.
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