Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister, speaks to Moneycontrol about GST implementation, process reforms and much more. Economist Arvind Kumar lobbies for gross welfare product over GDP as a measure of growth. The government is changing the benchmarks to evaluate state-run companies for "ratna" classification. India is set to face a blockbuster IPO week. Besides: Pakistan’s defence exports, India’s foundational AI models, & UPI txns point to struggling sectors. All this and more in today’s edition of Moneycontrol Editor’s Picks.