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GST implementation to be a milestone: Minister

Press Trust of India  |  Mangaluru 

The implementation of Goods and Services (GST) from July 1 would be a major milestone in the growth of the country, Union Minister Arjun Ram Mekhwal said today.

Speaking after inaugurating a workshop for beneficiaries of 'Pradhan Mantri Mudra Yojana' and Start Up initiatives at Sahyadri college at Adyar near here, the Minister of State for and Corporate Affairs said had helped improve the of the country despite apprehensions to the contrary from certain quarters.

Stating that was one of the states in the lead in the area of after demonetisation, he asked bankers to educate the people more on the benefits of such transactions.

The move was a reflection of the futuristic vision of Prime Minister Modi and the country was set to become a world power with his bold decisions, he said.

transactions would reduce hoarding of and there would be growth in As per a report of the International Monetary Fund, Indian economy would be in a commanding position by the year 2030, he said.

The Union government had achieved the target set for the Micro Units Development and Refinance Agency (MUDRA) in the current financial year, the minister said.

Union Minister of state for Skill Development and Entrepreneurship Rajiv Prathap Rudy, who was also present had a brief interaction with students.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 18 2017. 22:28 IST