Govt won’t use ‘hammer’ to get firms to cut prices, busts ‘myths’ on GST
NEW DELHI: The government does not intend to use the “hammer” immediately to pull down prices, leaving it to market forces to guide companies to pass on the benefits of goods and services tax+ (GST) to consumers. “Competition will force them to fall in line. You don’t have to use the hammer immediately,” a high-ranking…