President Ram Nath Kovind on Tuesday said that economic reforms like the goods and services tax (GST) would allow states to collaborate with each other by “breaking barriers” which, in turn, would contribute to economic growth in the country.
“I believe that a range of economic reforms including GST will enable states/UTs to break down barriers and collaborate with each other in attracting investment and business opportunities and job creation and, thereby, contributing more significantly to the overall economic growth,” Kovind said, while inaugurating the 37th edition of the India International Trade Fair at Pragati Maidan.
Also present at the function were Minister of Commerce and Industry Suresh Prabhu and MoS Commerce and Industry C R Chaudhary. In his key note address, Prabhu said the ministry is making “all possible efforts to provide a conducive environment for empowerment of India’s business community”. Chaudhary said: “The fair provides an ideal platform for meaningful deliberations to make the country a ‘Global Manufacturing Hub’ under ‘Make in India’ campaign…”