Speaking at the India Summit organized by The Economist, Arun Jaitley said the government so far is on course to meet this national aspiration but challenges lie ahead. Photo: Ramesh Pathania/MintNew Delhi: The government is racing against time to meet the 1 April 2017 implementation date for the goods and services tax (GST) but will strive to meet this deadline, said finance minister Arun Jaitley. Speaking at the India Summit organized by The Economist, Jaitley said the government so far is on course to meet this national aspiration but challenges lie ahead. But I would certainly like to give it a try (achieving implementation deadline of 1 April 2017),” said Jaitley. Effectively ruling out privatization of state-run banks, Jaitley said, “India still realizes that these banks have an important role to play.

Source: Mint September 07, 2016 04:48 UTC