Promises more tax reforms and blames opposition for stalling bills
GN Bureau | May 22, 2015
Satisfaction and positive sentiments are major themes of one year of Modi government. This is what came out at a press conference on Friday addressed by finance minister Arun Jaitley in the national capital to mark one year of the Narendra Modi-led NDA government.
He termed the one-year performance of the government as more than satisfactory and claimed that the sentiments have changed from despair to hope in the last one year.
Jaitley said India's economy has come a long away from the general environment of gloom that existed a year back. There's a sense of excitement about India's economy, he said.
He blamed the opposition for creating roadblocks in the goods and services tax (GST) bill, which he termed as the "most important" indirect tax reform in the history of India. The GST and the land bills will be taken up in the next parliamentary session, he added.
Highlighting the exemptions that the government has announced for individual tax payers, the finance minister said people who pay taxes have more money in their pockets and can save more.
Some of the highlights from the press conference:
The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a
While the average growth of energy requirement in the country for 2023-24 viz-a-viz 2022-23 has been estimated as 4.9%, the months of April and May have been projected as high demand period. During the current year, the peak demand is expected to be around 229 GW during the summer period. The government ha
As the UN has declared 2023 as the International Year of Millets, the Indian Army has steered introduction of millets flour in the rations of soldiers. This landmark decision will ensure troops are supplied with native and traditional grains after over half a century, when these were discontinued in favour
When discussing digital currency, you might think of one or two well-known varieties. There is the digital representation of currency that you access with mobile and online banking services. This currency is the liability of a commercial bank. There is also cryptocurrency, a digital medium of exchange issu
The Indian President: An Insider’s Account of the Zail Singh Years By K.C. Singh HarperCollins, 312 pages, Rs.699
Bipin: The Man Behind the Uniform By Rachna Bisht Rawat Penguin, 207 pages, Rs 599 On the morning of 8 December 202