Business Standard

GST has lowered prices, checked inflation in the country: Jayant Sinha

Efforts are being out to build a consensus among states, he said

Jayant Sinha, Civil Aviation Minister

Civil Aviation Minister Jayant Sinha addressing at the Airport Investment Summit in Mumbai.

Press Trust of India Dhanbad
Union Minister of State for Civil Aviation Jayant Sinha on Wednesday said the Goods and Services Tax (GST) has started paying dividends as prices of some commodities have gone down across the country.

Addressing officials and traders on GST at the Central Institute of Mineral Fuel Research (CIMFR), Sinha said inflation has been checked after implementation of GST.

"There are differences over several issues between different states. Efforts are on to bring a consensus among them. If it is achieved, the prices of petrol, diesel and liquor will be brought under GST," he said.

Sinha said air connectivity in the country will be developed on a large scale and the Centre is searching 300 to 400 acres of land in Dhanbad to develop an air strip.
 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 13 2017 | 9:05 PM IST

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