Goyal: GST changes to boost economy, a 'gift to nation'
New Delhi, Sept. 6 -- Union commerce minister Piyush Goyal on Friday hailed the recent Goods and Services Tax (GST) rate cuts, describing the changes as a "gift to nation" even as he maintained that the Centre has received assurance from the industry that the benefits of the reforms will be passed on to the consumers.
Speaking at a press conference in the Capital, the minister drew a sharp contrast with the Congress-led United Progressive Alliance (UPA) government, claiming that states had lacked trust in the the Union government over compensation assurances tied to the rollout of a unified indirect tax.
"When Prime Minister Narendra Modi announced the GST in 2017, he committed to all states a 14% growth in the annual revenue. PM Modi had t...
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