<h1>India's Growth to Accelerate with GST Implementation and Demonetization Boosting Tax Compliance, Says Finance Minister.</h1> India's growth is set to accelerate due to the implementation of the Goods and Services Tax (GST), according to the Finance Minister. The GST aims to enhance tax efficiency and ease of business, transforming India into a unified market. The minister highlighted that the demonetization of Rs. 500 and Rs. 1,000 notes will boost tax compliance and reduce counterfeit currency threats, which are linked to terror funding. These structural reforms, coupled with strong aggregate demand, are expected to strengthen economic growth. Real GDP grew by 7.9% in 2015-16, with a projected growth of 7.1% for 2016-17.