Day 2 of Vibrant Gujarat Global Summit sees serious business talk

Arun Jaitley says that it was a Constitutional necessity to roll out the GST

Day 2 of the Vibrant Gujarat Global Summit saw some serious business talk by corporate captains, market regulators and national leaders alike. From the need to implement GST at the earliest to recommendations for a flat 18 per cent corporate tax rate for all (sans exemptions), to the need to have an automobile policy for the state of Gujarat that is evolving as India’s next big auto hub, to the country’s banking regulator urging the Centre to reduce high federal and state government borrowing; Mahatma Mandir was reverberating with opinions and voices touching upon significant aspects of India’s economic future.