Finance Minister Arun Jaitley today called on the Prime Minister of Singapore, Lee Hsien Loong on the second and last day of his two-day visit to that country. <br/><br/>During the meeting, both the leaders discussed the roll-out of the Goods and Services Tax (GST), issues of common interest and road map for enhancing India- Singapore Economic and Commercial ties. <br/><br/>According to a release issued by Ministry of Finance, both sides also discussed elevation of India-Singapore Partnership to a strategic level and actions taken to translate their vision.<br/><br/>Earlier, addressing the Morgan Stanley 16th Annual Asia Pacific Summit on India: Structural Reforms and Growth Path Ahead, Mr Jaitley outlined the key reforms being implemented by the present Government with a vision to position India as an attractive global investment destination. <br/><br/>He specifically mentioned the roll-out of the GST, the bank recapitalization package, ease of doing business in India, crackdown against black money, demonetization and reforms in FDI Policy regime. <br/><br/>Mr Jaitley also reiterated Government's commitment to increasing the public expenditure on infrastructure and creating environment for private participation to boost employment and provide impetus to overall economic growth. <br/><br/>The Finance Minister also addressed the senior fund managers and the key Financial Institutional investors and answered queries on various tax issues including GST.
News On AIR | November 16, 2017 7:50 PM
Arun Jaitley calls on Singapore PM Lee Hsien Loong