FIVE MEASURES THAT CHANGED INDIA’S ECONOMY BEFORE GST

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Before GST, there were several reforms introduced by the government of India over the years which shook up India's economy.

NATIONALISATION

In the year 1969, there was a state takeover of private business sectors, the large scale nationalisation of banks in 1969, the insurance business in 1972 and of coal and oil in 1973 fundamentally transformed the economy.

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