October 29, 2017 5:40 AM

printer

India cannot let shadow economy to be larger than real economy: Jaitely

Finance Minister Arun Jaitley has said that India cannot let shadow economy to be larger than real economy. Addressing an awards function in Mumbai, he said the process of making a cleaner economy is set in motion to achieve the aspirations like being a developed economy and the fastest growing among major economies of the world. <br/><br/>Mr Jaitley said, government has been taking steps one by one towards this direction and some impact is already visible like an enlarged tax base, jump in digital transactions and squeezing out cash from the economy. <br/><br/>He expressed hope that global investors will appreciate the 2.11 trillion rupees fund infusion into state-run banks. <br/>

Most Read
View All arrow-right

No posts found.