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.)

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.

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