Delivering the virtual keynote address at the Confederation of Indian Industry meeting on Wednesday, Prime Minister Narendra Modi said India’s economy is picking up pace once again and there is a newfound confidence in made-in-India initiatives. It is the result of the country’s faith in our industry that today the ease of doing business and the ease of living is increasing. This industry is a big part of India’s growth story. GST was not applied in India before because the erstwhile government did not have the guts to take up a political risk. We not only implemented GST but also are we seeing a record GST collection today.”

Source: Indian Express August 11, 2021 11:37 UTC