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Silent Revolution on within govt. for path-breaking reforms, GST likely to be implemented as schedule: Cabinet Secretary

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Capital Market
Last Updated : Sep 21 2016 | 11:47 AM IST
The Cabinet Secretary Mr. Pradeep Kumar Sinha re-assured India and its trade and business including international community, emphasizing that the goods and services tax (GST) and other path breaking reforms that the government has committed to its people will be implemented as promised since it is working overtime to accomplish the targets.

Addressing a Chief Secretaries' Conclave- Accelerate Ease of Doing Business to the Next Orbit organized by the PHD Chamber of Commerce and Industry here today, Mr. Sinha also stressed a silent revolution is underway and despite teething problems, India would move on to accomplish the objectives and targets set in by its government in all sectors of economic activities with increased participations of all stakeholders to further improve the spirit of governance.

The entire infrastructure sector, be it roads, civil aviation, energy, conventional and non-convention, power and petroleum including railways and host of other areas in infrastructure have improved their performance as per targets and the civil aviation sector has begun to grow at the rate of 20%, pausing a serious challenge to railways in terms of its traffic, pointed out Mr. Sinha.

Referring to the GST implementation roadmap, the Cabinet Secretary exuded confidence that since government has been working overtime to make sure that the path breaking legislation is implemented as per intended deadline.

The stuck-up projects have already been facilitated for implementation in all segments of Indian economy and whatever remaining needed to be done would be completed as the government has turned out much more serious for its projects implementation in comparison with past practices, concluded Mr. Sinha.

President, PHD Chamber, Dr. Mahesh Gupta demanded for enactment of laws that would lead to de-criminalization of business activities as also sought that practices be put in place so that entry into business and exit from it becomes hassel free.

Secretary General, PHD Chamber, Mr. Saurabh Sanyal complimented the government of the day on moving in right direction to smoothen ease of doing business as it would empower the entrepreneurs and make Indian economy reach double digit growth trajectory.

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First Published: Sep 21 2016 | 11:27 AM IST

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