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Budget highlights – 2

Budget highlights - 2
* Effects of demonetisation not expected to spill over to next year

  • Firmly believe that GST, demonetisation, built on JAM, will have an epoch-making impact on the lives of our people
    • Demonetisation aims to create a new normal, where the GDP would be bigger, cleaner and real

    • Recalls #MahatmaGandhi's words: A right cause never fails

       

    • 3 challenges in current global scenario:Monetary stance of US FED Reserve, Commodity prices specially crude oil & retreat from globalisation

    • We have moved from a discretionary administration to a policy-based administration

    • Expectations included burning issues like inflation and price rise, issue of corruption & crony capitalism

    • Our government was elected amidst huge expectations of people, the underlying theme of expectations being good governance

    • Hope to resolve all issues regarding GST via consultations

    • We are moving from informal to formal economy & the Government is now seen as a trusted custodian of public money

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Budget highlights - 2

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.