Union Finance Minister Arun Jaitley on Saturday said that decisiveness in the face of obstruction has been the hallmark of the NDA Government at the Centre in the last one year, adding that decisions taken were aimed at augmenting growth and promoting development.
"Decisiveness, even in the face of obstructionism, has been a hallmark of this government. Decisions are being taken in the direction which augment growth and promote development. There is transparency in Governance. Initiatives undertaken in sectors such as power, coal and mining are noteworthy. Governance should be on the basis of principles and not personalities," Jaitley said at a press conference here.
Jaitley said that there was an environment of gloom when the NDA took over the reins from UPA.
"That has been now replaced by hope and excitement. Though we are growing at the range of 7 to 8 percent, yet there is a restlessness to grow even faster to achieve the real potential of India. Prime Minister has visited eighteen countries and India has been able to get a prominent place in the global arena," he said.
He further said that the Centre is in the process of creating history by bringing about the most important Indirect tax Reform through the implementation of GST.
"Our priorities in the next session of Parliament will be the passage of GST and Land bills. High taxation rates are never investor or economy friendly. The Government has taken measures to bring direct taxation rates to globally competitive levels. We are working in the direction of resolving legacy issues plaguing taxation. A major highlight of this Government is to give a corruption free administration," he said.
Prime Minister Narendra Modi-led NDA government at the Centre will complete one year in the office on May 26.