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GST breaks barriers between states, says President Ram Nath Kovind

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, said Kovind.

By: Express News Service | New Delhi | Updated: November 15, 2017 12:45 am
President Ram Nath Kovind, Goods and Services Tax (GST) , India International Trade Fair (IITF) ,Make in India, Digital India, Start Up India, Skill India, Smart Cities, India news, Indian Express news President Ram Nath Kovind. (PTI Photo)

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…”

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  1. R
    rishi
    Nov 14, 2017 at 2:32 pm
    True. GST is intended to be the greatest equaliser in the world of commerce and trade..... the President does justice to the Nation by recognising from His Excellency's High-Office the efforts NDA and Team-Jaitley are putting in 24x7 to make it a historic success. Unquestionably, its implementation involves dealing with the evolving multifarious issues coming from all states, territories and industry-sectors ......and our Finance Minister is brilliantly handling the same with utmost sincerity of intent evident from the flexibility and consensual approach that has been adopted from day one of its launch.
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