“It is important that the Goods Services Tax (GST) must be implemented before the September 16 however we would want it to get implemented by April. It is necessary to implement it before 16 April.”
Jaitley also played down the trouble people faced due to the sudden move by the Union government on November 8 to demonetise high-value currency notes.
The latest statement by the finance minister will only add to the confusion of the worried customers.
Finance minister Arun Jaitley said on Tuesday that it will be difficult for India to achieve double-digit growth in the current environment of global uncertainty.
Finance Minister Arun Jaitley denied any rift with the Reserve Bank today and attributed the reports about his officials not being on the same page with their Mint Road counterparts as a result of “our national love for conspiracy theories”.
Asserting that it is “extremely difficult to achieve double digit growth in the current global environment, Finance Minister Arun Jaitley today said there is scope for improvement from the current rate if reforms are carried on.