Arun Jaitley at CII: We have moved towards big changes; India is fastest growing economy of world in last 3 years

Finance Minister Arun Jaitley on Friday addressed a gathering at Confederation of Indian Industry (CII).

Here are the excerpts from the Arun Jaitley’s speech at CII:

# India’s position has improved in last three decades.

# The global financial situation has witnessed big volatility in last decade.

# But, now trends are changing and it happening only because of political changes in the country. We are moving towards developed countries.

# Indian economy is among the most growing economies of the world.

# The growth format which has been adopted in last two and half decades has been better that what it used to be earlier.

# States have also witnessed big changes in terms of development.

# GST has been passed with the help of states and it won in both the Houses.

# Profiteering is not a bad word, but unfair enrichment is.

# In last few years, we have moved towards big changes.

# We should not become buyer, instead we should become producer.

# Gandhi said right cause never fails.

# In last three years, India is fastest growing economy of the world.

# Some tough steps are necessary to make India an increasingly tax compliant society.

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