The biggest challenge before the next government would be to push economic reforms and reduce uncertainties about taxation and regulatory practices, Harvard University professor Gita Gopinath said.
“The job for the next finance minister is tough. It is important to re-create an environment for growth in India, to undertake reforms that stimulate investment and improve the quality of jobs created,” she said in an interview to PTI.
The general elections will be held in nine phases beginning April 7 and the counting of votes will take place on May 16.
Gopinath, the first Indian woman to become a professor at the economics department of Harvard University, said, “The first (task before the government would be) to revive investment. This will require reducing uncertainty about tax and regulatory practices. It will require transparent and timely processes to clear projects.”