Finance minister Arun Jaitley. On Thursday evening, Shah and finance minister Arun Jaitley are believed to have met with Modi to discuss the economic situation. The package being considered by the GST Council, according to the person cited in the first instance, seems sharply focused on exporters and MSMEs. Earlier, small exporters had to furnish a bond to avail of this facility. Central and state government officials met in New Delhi on Thursday to consider proposals to be placed before the GST Council on Friday.

Source: Mint October 05, 2017 23:03 UTC