GST will accelerate investment - FM
FINANCE Minister Arun Jaitley in a Facebook post said,
There is an ambitious program to increase public investment in roads, railways, rural infrastructure and connectivity (the SECC shows, for example, that mobile penetration is only about a quarter in rural Chattisgarh).
At the same time, the government is creating the conditions for greater private investment: implementing the GST and creating a common market, reforming the land law, easing the costs of doing business, and unblocking stalled projects are all measures that will improve the conditions for investment.
The latest data suggest that the investment cycle is slowly turning around and stalled projects are being unblocked at a faster pace. Passing the GST and reforming the land law will accelerate this investment turnaround.
Until Tomorrow with more DDT
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