Finance Minister Arun Jaitley has said, India has been a major driver of global economic growth with an expected growth of 7(point)5 percent for 2017-18 as against 7(point)1 percent in 2016-17. The Finance Minister is currently on an official tour to Washington to attend the Spring Meetings of the International Monetary Fund and the World Bank and other associated meetings.<br/><br/>The Minister said, India's growth remains resilient, with low inflation, fiscal prudence and low Current Account Deficit. He said, India has also undertaken robust structural reform measures. Mr Jaitley further said, India is on course to introduce the Goods and Services Tax (GST) from July 2017. He said, GST will eliminate the multiplicity of taxes and make India a single common market.
News On AIR | April 22, 2017 1:27 PM
India's growth remains resilient, with low inflation: FM Jaitley