Under Modi, Indian economy is on the upswing, GST most important tax reform: Arun Jaitley
Under Modi, Indian economy is on the upswing, GST most important tax reform: Arun Jaitley
On the occassion of completion of one year in office, all BJP MPs have been asked to distribute booklets listing the achievements of the NDA government in their respective constituencies.

New Delhi: Ahead of Narendra Modi government's first year anniversary, Finance Minister Arun Jaitley kicked off the government's outreach program lauding the Centre on various issues and initiatives taken in the past year.

Presenting a report card on the government's achievements, Jaitley said that Prime Minister Narendra Modi has left an impact worldwide. "All government departments have worked in a new and vibrant environment in one year. The PM has left an impact worldwide in this one year. Initiatives undertaken in sectors such as power, coal and mining are noteworthy; they show a transparent model for reforms," he said.

Claiming that there was a sense of gloom when the Modi government took over, he said that stability has returned to the economy. "There was a general environment of gloom, it has converted into enthusiasm. The newfound zeal makes people restless with even a growth rate of 8 per cent. There is a restlessness in India to grow even faster. That is the potential of India," he said.

He added that the government has been swift in taking decisions which has helped the economy. "Decisiveness even in the face of obstructionism has been an important hallmark of the NDA government. The nation is not ready to accept slow decision making. There is absolute clarity with regard to which the direction in which the Government wants to go. Decisions have been taken to bring in transparent and principle-based - not person-based - decisions," he said.

Citing the decision taken by the government to auction coal blocks, he said that it is an example of transparent decision-making and the end of ministerial discretion. "The most important reform since independent India, in the area of indirect taxation, is the Goods and Services Tax which is being brought by the government. Measures have been taken to make taxation an instrument of promoting growth," he asserted

Looking ahead, the FM said that the resources for major infrastructure projects are available in abundance in the country and it is the time for us to increase the our capacity to spend them. He also added that the GST Bill, the Land Bill and resumption of work on 16 stalled projects have been planned for the coming year.

On the occassion of completion of one year in office, all BJP MPs have been asked to distribute booklets listing the achievements of the NDA government in their respective constituencies.

As many as 30 press conferences have been lined up by Central ministers as part of the anniversary, of which 8-10 will be held in the national capital.

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