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PM Modi on GST: Don't want business class to get caught in red-tape

Modi hailed the sweeping changes in the GST to give relief to small and medium businesses

Press Trust of India  |  Dwarka 

PM Modi on GST: Don't want business class to get caught in red-tape
Prime Minister Narendra Modi laid the foundation stone for various National Highways projects at Dwaraka, Gujarat. Photo: PIB

Prime Minister on Saturday hailed the sweeping changes in the to give relief to small and medium businesses, saying his government does not want the country's business class to get caught in red-tape.

Referring to newspaper headlines, the prime minister said he was happy that the changes made by the Council which met yesterday had been welcomed all over the country, as if Diwali had come early.

"You all must be busy preparing for Diwali, and in Gujarat, Diwali is celebrated with great enthusiasm, especially among businessmen," Modi said while addressing a public gathering here.

Noting that "some very important decisions" related to the (GST) have been taken, Modi said the government had earlier stated that it will study the for three months following its implementation and then fix the problems.

"(We had said)...Wherever there are problems in these three months, as in the areas of management, shortage of technology, problems related to rules, complaints regarding rates, trouble in practical experience of business class, we will address it," he said.

"We do not want the country's business class to get caught in red tapism, files, bureaucracy, I will never want this," Modi said.

The prime minister said that, based on the information the government had, Finance Minister Arun Jaitley convinced everyone at the Council meet yesterday.

"I am happy that it has been welcomed in one voice across the country," Modi said.

Prime Minister on Saturday accused the previous UPA government of having been indifferent towards including over sanctioning of development projects.

"Despite my best efforts, I could not make them (UPA government) to wake up from their slumber," Modi said.

The Prime Minister stressed that his government on the other hand had given priority to development. "For development one needs a vision and a dream."

When there is trust in the government and honesty is seen behind decisions, then the country joins in despite difficulties, the prime minister said.

"I can experience this and I am thankful to the people of the country for the way they have welcomed our effort to make simple tax simpler," Modi said.

Three months after the roll-out of the new indirect tax regime, the Council yesterday made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.

Prime Minister also said that his government is taking steps towards the empowering fishermen, and added the Blue Economy must act as a catalyst in improving India's progress.

"The Government of India is taking steps towards empowerment of fishermen. We do not want our fishermen to live in poverty, we want to create more opportunities for them. The government will give them loans on less interest so they can buy bigger boats," Prime Minister Modi said at a rally at Dwarka.

"We want development of ports and port-led development. The Blue Economy must act as a catalyst in improving India's progress. Kandla Port is seeing unprecedented growth. This is because we have devoted resources to improve the port. A new lease of life was added to Alang, steps were taken for the welfare of labourers working there. These are steps we are taking towards development," he said.

He also said that the building of infrastructure should enhance economic activity and add to the atmosphere of development.

"Building of infrastructure should enhance economic activities and add to the atmosphere of development. I still recall how tough it was for people of Bet Dwarka. Lack of infrastructure meant transportation was tough, people faced difficulties if an emergency came up. We wanted to change this with a push on infrastructure," he said.

First Published: Sat, October 07 2017. 15:28 IST
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