{"id":7494,"date":"2025-09-15T12:32:10","date_gmt":"2025-09-15T12:32:10","guid":{"rendered":"https:\/\/margbooks.com\/blogs\/?p=7494"},"modified":"2025-09-15T12:32:14","modified_gmt":"2025-09-15T12:32:14","slug":"how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth","status":"publish","type":"post","link":"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/","title":{"rendered":"How has the Impact of GST on Indian Economy Influenced Inflation and Growth?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #1c6e70;color:#1c6e70\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #1c6e70;color:#1c6e70\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Why_was_GST_introduced\" title=\"Why was GST introduced?\">Why was GST introduced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Positive_Impact_on_Growth_and_Trade\" title=\"Positive Impact on Growth and Trade\">Positive Impact on Growth and Trade<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#1_Uniform_Taxation\" title=\"1. Uniform Taxation\">1. Uniform Taxation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#2_Reduced_Cascading_Effect\" title=\"2. Reduced Cascading Effect\">2. Reduced Cascading Effect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#3_Easier_Compliance_Through_Digital_Tools\" title=\"3. Easier Compliance Through Digital Tools\">3. Easier Compliance Through Digital Tools<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Negative_Challenges_for_SMEs_and_Retailers\" title=\"Negative Challenges for SMEs and Retailers\">Negative Challenges for SMEs and Retailers<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#1_Initial_Inflationary_Pressures\" title=\"1. Initial Inflationary Pressures\">1. Initial Inflationary Pressures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#2_Compliance_Burden\" title=\"2. Compliance Burden\">2. Compliance Burden<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#3_Sector-Specific_Concerns\" title=\"3. Sector-Specific Concerns\">3. Sector-Specific Concerns<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#GSTs_Role_in_Economic_Growth_and_Inflation_Control\" title=\"GST\u2019s Role in Economic Growth and Inflation Control\">GST\u2019s Role in Economic Growth and Inflation Control<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Key_Changes_Businesses_Experienced_Under_GST\" title=\"Key Changes Businesses Experienced Under GST\">Key Changes Businesses Experienced Under GST<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Real-Life_Examples_from_Indian_Businesses\" title=\"Real-Life Examples from Indian Businesses\">Real-Life Examples from Indian Businesses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/margbooks.com\/blogs\/how-has-the-impact-of-gst-on-indian-economy-influenced-inflation-and-growth\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The initiative of laws like Goods and Services Tax (GST) introduced in 2017 was a turning point in India&#8217;s economic journey. Designed to bring indirect taxation into one umbrella, GST has had direct implications for the pricing functionality of businesses, their record management, and competition in the market.&nbsp;<\/p>\n\n\n\n<p>The Impact of GST on Indian economy has been felt across sectors, in its influence on inflation trends, its effect on growth, and the way it has redefined its compliance into the small and even large businesses. For SMEs, traders, and retailers, GST has been a challenge and an opportunity in how their day-to-day matters are conducted, as well as in the long-term elements of financial strategies.<\/p>\n\n\n\n<div class=\"btn-div\">\n\n    <a href=\"https:\/\/me9.in\/MBB\" class=\"marg-btn\" target=\"_blank\" rel=\"noopener\">Get Online GST Billing Software<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_was_GST_introduced\"><\/span><strong>Why was GST introduced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before GST, dealing with a complex maze of various taxes of different kinds, including VAT, excise duty, and service tax were among the many taxes at both the level of the states and the centre. This system resulted in what was known as cascading taxation, when tax was layered over top of more tax, causing the costs on businesses and consumers to rise. GST was introduced to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Develop a common tax structure in the whole of India.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Minimize the cascading effect of multiple taxation.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stimulate transparency and compliance<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Make trade and logistics smoother, and remove interstate barriers.<\/li>\n<\/ul>\n\n\n\n<p>For SMEs and retailers, GST was also responsible for promising a level playing field by introducing small traders into a uniform tax system.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Positive_Impact_on_Growth_and_Trade\"><\/span><strong>Positive Impact on Growth and Trade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Uniform_Taxation\"><\/span><strong>1. Uniform Taxation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>One of the biggest positives has been the development of uniformity in the structure of taxes. Be it a textile trader from Surat or an FMCG distributor from Lucknow, businesses are now subject to the same tax construct. This has improved the interstate trade and eliminated bottlenecks in the logistics system.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Reduced_Cascading_Effect\"><\/span><strong>2. Reduced Cascading Effect<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>GST removed the multi-level taxation. For example, in the past, a manufacturer paid excise duty and VAT for the same product. Today, a fee known as input tax credit (ITC) ensures that the tax is only charged on the part of the value added so that the overall costs for the supply chain are reduced.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Easier_Compliance_Through_Digital_Tools\"><\/span><strong>3. Easier Compliance Through Digital Tools<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Technology has made it easier to comply with. <a href=\"https:\/\/margbooks.com\/gst-billing-software.html\">GST billing software<\/a> helps businesses automate invoicing, generate E-way bills, and file returns with minimum errors. Retailers who previously used manual records are now seeing the advantages of quicker reconciliation as well as fewer disagreements. MargBooks software, for instance, is being used by SMEs widely for GST filing &amp; automated reporting that reduces the effort and the risk.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Negative_Challenges_for_SMEs_and_Retailers\"><\/span><strong>Negative Challenges for SMEs and Retailers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Initial_Inflationary_Pressures\"><\/span><strong>1. Initial Inflationary Pressures<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When GST was being rolled out, the prices of some goods and services increased as a result of revised taxation slabs. For example, in restaurants, 18% of GST was imposed, which resulted in the price rise of the menus in the restaurants. Consumers felt the pinch, which led to concerns about inflation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Compliance_Burden\"><\/span><strong>2. Compliance Burden<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>For many small businesses, it was not easy to adapt to the digital filing requirements under GST. SMEs that didn&#8217;t have their accounting staff had to get a quick education in filing, returns, and audits. While larger corporations adjusted themselves to it trivially, kirana shops and small manufacturers, rather, got confused in the earlier stages. MargBooks software has since enabled small retailers to deal with this burden by making it easier and providing reporting in real-time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Sector-Specific_Concerns\"><\/span><strong>3. Sector-Specific Concerns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Textile traders found it difficult to start with, as they had to face a lot of changes in the GST rates.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FMCG distributors came under pressure due to working capital issues because of the input tax credit refunds.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retailers had to train the staff to do the GST invoicing, which slowed the adoption down.<\/li>\n<\/ul>\n\n\n\n<div class=\"btn-div\">\n\n    <a href=\"https:\/\/me9.in\/MBB\" class=\"marg-btn\" target=\"_blank\" rel=\"noopener\">Get Cloud Based Billing Software<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GSTs_Role_in_Economic_Growth_and_Inflation_Control\"><\/span><strong>GST\u2019s Role in Economic Growth and Inflation Control<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Over the years, GST has stabilized itself, and its role in the field of growth and inflation management has become more evident:<\/p>\n\n\n\n<p>Growth Driver: Increasing interstate logistics and standardized taxation have helped in expanding trade networks through the GST. Now it is easy for SMEs to sell in new states without having to pay several tax registrations.<\/p>\n\n\n\n<p>Inflation Check: In the beginning, there was some inflationary pressure, but in the long run, the effect of uniform taxation and ITC lowered the costs of many sectors. The FMCG sector, for example, has had stable prices as the distributors have been able to pass on the ITC benefits.<\/p>\n\n\n\n<p>Technology-Driven Compliance: With the advent of <a href=\"https:\/\/margbooks.com\/billing-software.html\">Online billing software<\/a>, GST compliance has stopped being seen as a barrier by the business and has become a part of daily business operations. It is now trusted by SMEs to stay compliant and competitive.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Changes_Businesses_Experienced_Under_GST\"><\/span><strong>Key Changes Businesses Experienced Under GST<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Single nationwide taxation, which will replace the multiple indirect taxes.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Elimination of cascading tax effect, reduction of long-term costs.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Input Tax Credit to the benefit of manufacturers, distributors, and retailers.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Digital filing systems minimize paper.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Growth in compliance tools and MargBooks software for SMEs.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Initial impact on inflation in some areas, such as restaurants and textiles.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gradual ease in doing business all over India.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Real-Life_Examples_from_Indian_Businesses\"><\/span><strong>Real-Life Examples from Indian Businesses<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Textile traders first faced confusion in Surat, but now get the advantage of simplified claims on input credit.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FMCG distributors report improved supply chain management as the logistic delays were reduced by GST. MargBooks software has helped them automate tax-filing processes and has limited the manual errors.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retailers all over Tier-2 cities have been using billing tools for GST invoice generation, and this has been more convenient since it allows them to manage sales and inventory in tandem.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Small kirana stores are also using paying for cheap software solutions to avoid GST and thus penalties.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The impact of GST on Indian economy can be witnessed from its reopening of pricing of goods, its compliance, and how well businesses have performed. While the early years brought such inflationary pressures and challenges to SMEs, the end result is more stability, uniform taxation, and simplified trade in the long run.&nbsp;<\/p>\n\n\n\n<p>For businesses, digital adoption of compliance tools has been the way to successfully adapt. To name a few, <a href=\"https:\/\/margbooks.com\/\">MargBooks software<\/a> has demonstrated the ease of filing, tax compliance, and reporting even to small retailers. As India continues to struggle with balancing its growth and inflation issues, the understanding of GST&#8217;s role continues to be crucial for those SMEs, traders, and retailers that are trying to make a play in a competitive market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The initiative of laws like Goods and Services Tax (GST) introduced in 2017 was a turning point in India&#8217;s economic journey. Designed to bring indirect taxation into one umbrella, GST has had direct implications for the pricing functionality of businesses, their record management, and competition in the market.&nbsp; The Impact of GST on Indian economy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7495,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[38],"tags":[86,201],"class_list":["post-7494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst","tag-gst-billing-software","tag-online-billing-software"],"blocksy_meta":[],"blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy-150x150.jpg",150,150,true],"full":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",1200,576,false]},"categories_names":{"38":{"name":"GST","link":"https:\/\/margbooks.com\/blogs\/category\/gst\/"}},"tags_names":{"86":{"name":"gst billing software","link":"https:\/\/margbooks.com\/blogs\/tag\/gst-billing-software\/"},"201":{"name":"online billing software","link":"https:\/\/margbooks.com\/blogs\/tag\/online-billing-software\/"}},"comments_number":"0","wpmagazine_modules_lite_featured_media_urls":{"thumbnail":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy-150x150.jpg",150,150,true],"cvmm-medium":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",300,144,false],"cvmm-medium-plus":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",305,146,false],"cvmm-portrait":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",400,192,false],"cvmm-medium-square":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",600,288,false],"cvmm-large":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",1024,492,false],"cvmm-small":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",130,62,false],"full":["https:\/\/margbooks.com\/blogs\/wp-content\/uploads\/2025\/09\/Impact-of-GST-on-Indian-economy.jpg",1200,576,false]},"_links":{"self":[{"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/posts\/7494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/comments?post=7494"}],"version-history":[{"count":1,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/posts\/7494\/revisions"}],"predecessor-version":[{"id":7496,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/posts\/7494\/revisions\/7496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/media\/7495"}],"wp:attachment":[{"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/media?parent=7494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/categories?post=7494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/margbooks.com\/blogs\/wp-json\/wp\/v2\/tags?post=7494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}