September 10, 2025

GST Buoyancy and Economic Growth: A Comparative Analysis of Select Indian States

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Analysis reveals GST's role in state tax revenues and economic growth variations across India.

High GST buoyancy in states like Maharashtra suggests efficient revenue growth, but some states struggle.
From 2017 to 2023, the study examines GST collections relative to gross state domestic product across states.
The analysis indicates regional disparities in GST revenue growth and economic expansion that require attention.
Overall, GST shows potential for long-term economic stability while highlighting the need for improved compliance.

Chandapaka et al. (2025) studied this question.

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