Potential Role & efficiency of Goods and services tax (GST) in managing public debt in India

The study aims at observing and highlighting the potentiality of GST in managing public debt in India through a strict usage of secondary data as a measure of analysis sourced from trusted origins. Primarily, the deficit statistics and trends were observed via usage of appropriate graphical apparatuses to test the presence of any severe debt trap situations in the Indian economy, in which the outcome stood at not a critical stage but at a vulnerable one. Subsequently, the potentiality of GST as a managing mechanism was examined through a thorough examination of its trends for sustainability and stability via a similar approach. The outcome indicated towards a positive resolution with the presence of significant potentiality subjected to some modifications and tweaks to the current structure to sustain as a tackling mechanism. In the ending terms, the recommended refinements and manoeuvres were highlighted that could be opted for so as to enable the seamless blend of GST as a confronting measure into the currently operational strategies and approaches.