Goods and Services Tax – GST – Dated:- 17-10-2017 – Reformative measures like introduction of GST will improve economy: Vice President Addresses 90th Anniversary Celebration of Andhra Chamber of Commerce The Vice President of India, Shri M. Venkaiah Naidu has said that reformative measures like the introduction of GST will improve the economy. He was addressing the 90th anniversary celebration of Andhra Chamber of Commerce, in Chennai, Tamil Nadu today. The Governor of Tamil Nadu, Shri Banwarilal Purohit and the Minister for Fisheries, Personnel and Administrative Reforms, Tamil Nadu, Shri D. Jayakumar were present on the occasion. Following is the text of Vice President address: I am extremely pleased to be amidst you and inaugurate the 90th anniversary celebrations of the Andhra Chamber of Commerce. Ninety years is indeed a major milestone in the journey of this organization which was witness to the birth of Indian Republic and many other momentous events since it was formed in 1928
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ere might be some teething problems in the initial stages of implementation. In the end, such reforms will also benefit the consumers. With various measures taken by the government to step up economic growth, including FDI in various sectors and given the strong macro-economic fundamentals, India will continue to grow steadily. The economic activity , according to the Country Snapshot published by the World Bank, is expected to stabilize, maintaining annual GDP growth at 7 % in the year 2018 . The report goes on to say, Growth is projected to increase to 7.4% by Fiscal year 2020, underpinned by a recovery in private investments prompted by a recent increase in public capex and an improvement in the investment climate (partly due to the passage of the GST and the bankruptcy code and the measures to attract FDI) . Describing the two major recent reforms in India-demonetisation and goods and services tax (GST)-as a monumental effort, IMF chief said it is hardly surprising that there is a
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all sides. Students are angry because they failed due to your strictness, teachers are angry because their track record got spoiled because of your, trustees of the college are angry because the result of their college has taken a beating under your charge. That is what happening in India right now. Women s empowerment is one of the key parameters for the progress of any nation or society. I am happy that Andhra Chamber of Commerce led by Mrs. Indira Dutt, has set up Women s Business Forum to impart training to women students and employees to enable them become entrepreneurs. It is a laudable initiative. I hope the training is not confined to Chennai alone and will be conducted all over the State. The Chamber must identify a few leading industries in each district and tie-up with them for imparting training to women students and employees. I am told that the forum also encourages women to take up community development. I feel that community development programmes must not only help th
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