Boosting Economic Growth: Tax Reduction, a Path Forward for India.
Year: 2025
Type: article
Abstract: Economic growth is the cornerstone of a nation's development, and achieving sustained growth requires a multi-pronged approach. For India, a country with a burgeoning population and diverse economic challenges, the government must adopt strategies that address the fundamental drivers of growth. At the heart of this process lies the interdependence of production, demand, and purchasing power, all of which culminate in increased disposable income. Here an attempt is made to explain how reducing taxes increase disposable income and set off a chain reaction that leads to higher GDP growth.
Author: Bejoy Abraham
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409181715