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India good investment destination, GST expected next year: Modi

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Kuala Lumpur, 14 Dec 2016 : Describing it as an opportune time to invest in India, Prime Minister Narendra Modi on Wednesday invited Asian businesses to invest in the country and said the GST regime is expected to be implemented next year.

“India is not only a good destination. It’s always a good decision to be in India. We welcome those who are not in India so far,” Modi said through videoconferencing at the Economic Times Asian Business Leaders Conclave here.

“This is a time for integration. At the level of economy also, we are among the most open and integrated economies,” Modi said.

Listing some of his government’s reform measures for transforming the Indian economy, the Prime Minister mentioned the recent demonetisation drive that has impacted economic activity in the past one month.

“We are now moving towards a digital and cashless economy. Presently, cleaning the system of black money and corruption is very high on my agenda,” he said.

On the Goods and Services Tax (GST) system, he said: “The constitutional amendment for Goods and Services Tax has been passed. This is expected to be implemented in 2017.”

The November 8 demonetisation of high-value currency has, however, put a serious question mark on GST implementation by the Centre’s targeted deadline of April 1, 2017.

With the two-day meeting of the GST Council — that was scheduled to end on Monday — being cut short half way through, hopes of meeting the targeted GST implementation deadline receded further in a situation of political confrontation unleashed by the government’s demonetisation measure.

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Bigg boss 13: Siddharth Shukla won, Asim first runnerup

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Delhi court convicts 19 persons in Bihar’s Muzaffarpur shelter home case

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New Delhi, 20 Jan : The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar’s Muzaffarpur district.

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Violence in JNU, masked goons attack students, teachers

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New Delhi, 5 Jan : Violence swept the Jawaharlal Nehru University on Sunday as several masked individuals, both male and female, thrashed students, including girls, and teachers inside the varsity campus with wooden and metal rods.

Shah takes stock of situation, orders probe

Union Home Minister Amit Shah on Sunday ordered the Delhi Police to take all necessary action to control the situation in the Jawaharlal Nehru University where widespread violence in the evening left many students, including girls, and teachers injured.

Priyanka Gandhi reaches AIIMS to meet injured JNU students

Congress General Secretary Priyanka Gandhi Vadra on Sunday reached All India Institute of Medical Sciences (AIIMS) to meet the students who were injured during the clash between the two groups inside the Jawaharlal Nehru University (JNU).

Fascists in control of our nation: Rahul

Congress leader Rahul Gandhi attacked the Central government over the violence that erupted in the Jawaharlal Nehru University (JNU) campus on Sunday.

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