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3 years of Modi Govt: Don't want to get into strategic details but Indian armed forces dominating LoC, says Arun Jaitley

Finance Minister Arun Jaitley On Friday Addressed A Press Conference On The Indian Economy’s Performance In Three Years Of Modi Government.

News Nation Bureau | Edited By : Arshi Aggarwal | Updated on: 01 Jun 2017, 01:03:58 PM
3 years of Modi Govt | Received fractured economy, our decisions restored credibility: Jaitley

New Delhi:

Finance Minister Arun Jaitley on Friday addressed a press conference on the Indian economy’s performance in three years of Modi government. 

Cautioned by the shocking GDP data released on Wednesday, the finance minister seemed to be defending the economic measures taken by the government rather than sharing the glory of GST and demonetisation, which usually is the tone of these press conferences. 

Shifting the blam of slowere GDP growth on UPA-II regime, Jaitley said, “We received economy in a very bad situation, our robust decisions have restored the credibility of the economy.”

Read | Demonetisation impact: GDP slows to 6.1% due to slowdown in Q4 of 2016-17; all sectors, except agriculture, show deceleration

Live updates: 

#Steps intended to ease tension responded by a Pathankot or a Uri; environment which must exist for talk successfully prevented by Pak-Jaitley

#Don't want to get into the strategic details but in past few weeks our armed forces are dominating the LoC: Arun Jaitley

#In state of preparedness for GST implementation on July 1. Using media propaganda for getting rates varied wont make significant impact on council's decision: FM 

#We received economy in a very bad situation, our robust decisions have restored the credibility of the economy: FM

#Last 3yrs were challenging for the entire world on the economic front. 3yrs ago, there was slowdown in policy reforms and structural changes in India: FM

#The system we inherited was weak in terms of credibility mainly due to corruption and indecisiveness: Arun Jaitley

#Note ban has helped end cash economy as we move towards a digital one. It has helped increase tax payers: FM

#Demonetisation has also made Operation Clean Money possible: FM

#There has been a boost in tax revenue by 18 per cent: FM

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First Published : 01 Jun 2017, 12:27:00 PM