Video | FM Arun Jaitley at 8th Vibrant Gujarat Summit: Need bold reforms to transform economy

Finance Minister Arun Jaitley on Wednesday addressed the audience at 8th edition of 'Vibrant Gujarat Summit' in Gandhinagar. Jaitley spoke on a number of issues ranging from demonetisation, GST and how paper currency would affect the Indian economy.

Here are the Live updates:

#GST, demonetisation to boost growth; impact will be seen this year

#After transient impact, demonetisation will lead to cleaner and larger GDP

#Once GST is implemented,a combination of a more digitized economy with a more efficient tax system will make India better

#Excessive paper currency has its own vices and leads to its own temptations

#Need bold reforms to transform economy

#Most of the issues have been resolved,few critical issues are left which I hope that will be resolved in the next few weeks

#With each summit the vibrancy of this conference has increased

#Vibrant Gujarat has become the foremost economic conclave of India

Prime Minister Narendra Modi on Tuesday held bilateral talks with several heads of state and ministers who have converged here for the Vibrant Gujarat Global Summit. Around 20 heads of state and ministers from differentgovernments across the world are attending the summit.