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As global equity markets continue on their journey north, JIM ROGERS, chairman of Rogers Holdings tells Puneet Wadhwa that he expects a correction going ahead. His decision of not to invest right now is not India specific, but has to do with the problems relating to how the major global economies are shaping up. Edited excerpts:India has implemented the biggest tax reform in history - the goods and services tax (GST). What are your thoughts on the development?With the implementation of GST, Prime Minister Modi has done what he said earlier. If GST can overhaul the tax system in India, it will be wonderful. This is the best thing to have happened to India by a politician since its independence, i.e. since the last 70 years. What do you expect from the government in its remaining tenure? Do you see populist measures take centre stage with 2019 general elections in mind?Well, Narendra Modi has done many populist things in the past. I think the last Union Budget had a number of populist ..