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GST historic step for country: PM Modi

Prime Minister Narendra Modi on Sunday appreciated the Chief Ministers of the States for the fact that all of them forgot the ideological and political differences and made an agreement on the GST system. He described it as a great example of cooperative federalism in history. In his inaugural speech at the third meeting of the Niti Aayog Council, Modi said that the Consent on the Goods and Services Tax (GST) reflects the strength and determination of the Indian federal structure and the one sentiment, aspiration, and resolution of a united country.

PM Modi said that Niti Aayog (National Institution for Transforming India) is working on a 15-year approach, a seven-year intermediate strategy, and a three-year work plan, which will be presented in the meeting. It will replace the present Five Year Plan that was being used since independence. He said that these efforts need the support of the states, and this will benefit them. Modi urged the states to accelerate capital expenditure and infrastructure development.

The Prime Minister said that the vision of the new India can only be achieved through a joint effort of all the states and their Chief Ministers. At the same time, the Prime Minister also called for debate and continuation of discussion on taking the state assemblies and Lok Sabha elections together. Modi urged the private sector and civil society to work side by side with the government for national development.

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